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Bernstein Research analysts expect global potash prices to rebound significantly in 2018 after two years of record lows. Chinese fertilizer output fell 7% year on year amid natural gas shortages, pushing fertilizer prices higher.
Tighter Chinese fertilizer output and rebuilding of depleted inventories point to higher input costs for farmers, which feeds through to feed grain production costs over the coming season.
Not enough comparable past events yet for a historical read.
Not 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.