
Belarus's first deputy prime minister said the first and second Nezhin GOK lines are commissioned, with 500 tonnes of potash planned this year, 1 million tonnes next year and full design capacity of 2 million tonnes a year by the end of 2027. Metals&Mining Intelligence analyst Maksim Bratchikov said new capacity in Russia, Canada and Laos in 2027-2029 will add downward pressure on prices.
Additional potash supply from Belarus, arriving alongside new capacity elsewhere, is likely to weigh on potash prices as producers shift focus from volumes to price once supply outpaces demand.
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.