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A Freedonia Group report forecasts US potash demand will fall to 6.1 million metric tons in 2022. The decline is attributed to projected price increases as energy costs in production rise.
A forecast decline in US demand from higher prices is a long-range view with limited near-term effect on fertilizer or feed-grain markets.
freedoniagroup.comCorinne GangloffJun 20, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
