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Analysts expect all fertilizer sectors to face supply pressure in 2018 as new capacity comes online. Potash faces the largest surplus, with about 13.5 million tonnes of new MOP capacity against a market of 60 to 65 million tonnes.
A potash capacity surplus points to softer potash prices, which lowers input costs for mineral and feed producers using potash.
oreanda-news.comDec 18, 2017Not 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.
