Additionally, Uralkali has also cut its full-year output target by 8% to bolster prices.

“Prices are still down year-on-year but are inching higher,” Mark Gulley, an analyst at BGC Partners LP, said in the article. “Pricing stability is drawing buyers back to the potash market.”

Global X Fertilizers/Potash ETF

For more information on the agriculture industry, visit our agribusiness category.

 

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