Tuesday, August 18, 2020

World Potash market unsettled by Belarus General Strike

 Belarusian Potash Company  supplies 16% of the world potash market. The main buyers are a consortium of Chinese buyers (Sinochem, CNAMPGC, and CNOOC) that have contracted a price of 220$/ton for 2020. Now the political situation in Belarus is unstable and there is a general strike against Lukashenko. The price of potash and the local Potash company may rise. Looks like a promising speculation. 



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