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Belaruskali, the state-owned Belarusian potash producer that controls about a fifth of the global market, plans to make a new type of crop nutrient with Chinese partners. The company is also considering investments with a Chinese chemical firm.
New competition and planned mine expansions add supply to a market that is already oversupplied, which is bearish for potash prices.
mining.comCecilia JamasmieApr 14, 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.
