Belarusian exports to fall by USD 200 million in Q4 due to maintenance works at Belaruskali

Due to maintenance works in the mining departments of Belaruskali, the production of potash will reduce by 60,000 tons. Belaruskali exports 90% of its products, and a decrease in production means a reduction in export sales worth circa USD 200 million and a decrease in industrial production indices in the chemical industry. In addition, rail freight volumes would reduce too, as well as wages at the enterprise. Reduced exports to foreign markets will affect the market price on potash fertilizers in connection with devaluation processes in countries – main consumers of these products.