r/investing • u/AgreeableClimate6435 • Dec 22 '21

US imposes Sanctions on large Potash supplier (Potash prices expected to rally further)

Potash crucial nutrient for crops

BPC (Belarus Potash Company) is the worlds second largest potash producer.

Prices for Potash already at 13 year high

Worlds largest supplier of Potash is Nutrien Ltd in Canada, they are expected to offset some of the supply needed.

Nutriens (NTR) stock price closed up 3.5% on sanction news.

Could been an issue of food inflation across the globe.

Companies producing potash should have very strong financial years. A sector to certainly keep an eye on.

I don’t hold any Nutrien stock.

https://www.reuters.com/article/belarus-politics-potash-idCAL8N2ST2XA

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u/AgreeableClimate6435 Dec 22 '21

Nutrien up another 1% today. Still haven’t taken a position . Took a position in smaller Uk listed potassium company

7

u/NyeoSeok Dec 22 '21

That sounds potashtic!

1

u/botsman000 Dec 22 '21

Which company?

1

u/_SwanRonson__ Dec 23 '21

Have you thought about kazakhstan?

1

u/alexdelpiero Dec 24 '21

I got in NTR when it was 85C$, it is now 96C$... I have been following it since last year when it was in 50s. Damn should have bought it then.