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Belarusian President Alexander Lukashenko said at a regional development meeting that Belarus plans to expand nitrogen and phosphate fertilizer output and shift toward complex fertilizers. The Gomel chemical plant has a development program through 2030 and is building a water-soluble fertilizer workshop costing about $40 million, with capacity of up to 50,000 tonnes of monoammonium phosphate or a mix of MAP and monopotassium phosphate, targeted for completion within two years.
Added phosphate and complex fertilizer capacity from Belarus is a longer-term supply increase that could ease phosphate prices over time, though the impact is small and not immediate.
rccnews.ruNov 13, 2026After 50 past bearish policy events, DAP moved a median +0.9% over 5 sessions (62% higher; middle half -0.1% to +1.6%), and +0.9% over 20.
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.
