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Potash producers' average realized prices fell about 40% in Q3 2016 versus Q3 2015. Intrepid, PotashCorp, Mosaic, Agrium and ICL all reported lower per-tonne prices, with excess supply and weak demand cited as causes.
Lower realized potash prices reflect oversupply and customers drawing down inventories, a headwind for fertilizer producers. For feed buyers, the report confirms that potash input costs remain low.
marketrealist.comAdam JonesNov 25, 2016Not 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.
