
PT Pupuk Indonesia is exploring investments and acquisitions of phosphate and potash mines in Belarus, Canada, Algeria and Russia to secure raw materials. The company says it has no domestic mines and relies heavily on spot-market imports from suppliers such as Jordan, Morocco, Egypt, Canada, Belarus and Russia.
Vertical integration by a large buyer could over time reduce spot-market demand pressure, but these are exploratory plans with no near-term supply effect on phosphate or potash prices.
Not enough comparable past events yet for a historical read.
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.