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Belarus President Lukashenko received a report on Belarusian Potash Company and said Belarus is open to resuming cooperation with Uralkali on fertilizer sales. He added that Belarus's interests must be secured and any deal must be agreed on Belarusian territory.
Russian contacts had reportedly asked to restart the joint sales arrangement that ended several years ago.
A revived Belaruskali-Uralkali partnership could reduce the competitive oversupply that has pushed potash prices down. Any deal would be a bullish signal for potash prices, though terms remain unsettled.
president.gov.byMar 9, 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.
