Russia Potash Production Cut 6.25%

On July 5, the Russian communique reported that in the first half of the year, due to weak market demand, Russia’s largest potash fertilizer producer, Ural Potash, output was 4.5 million tons, which reduced production by 6.25%, of which potash production in the second quarter was 2.9 million tons.

Ural Potash is usually traded on the spot market, mainly in Brazil, Indonesia and India's spot market.