"Belarus' Flagship for 26 Years of Agrofuehrer's Reign Is About to Turn Into a Pumpkin"

Belaruskali has played itself.

Nick and Mike telegram channel tells how Lukashenka is ruining Belaruskali:

- It's high time for Norwegian Yara, which keeps a very close eye on its partners, to wonder whether it's necessary to cooperate with an enterprise that neglects all human rights. It seems that slaves on the plantations had more rights than today's miners in Salihorsk. The price of the issue for Golovaty is very high - a 5-year contract worth $1,8 billion. Belarusians have already collected 50 thousand signatures for breaching the contract. Ivan Ivanovich seems to have sleepless nights and, possibly, wet pants.

However, Yara's decision does not matter now, as Belaruskali has played itself. The markets of Brazil and South-East Asia showed a 10-12 per cent increase in potassium quotations (up to $270). These quotations keep going up. The market environment has significantly improved. The demand for potassium fertilizers has increased by 4%. Brazil and India have purchased record-high amounts of potassium fertilizers. Analysts attribute it to the fruitful situation of crop producers.

During the first 11 months of 2020, the net profit of Belaruskali has decreased 13.5 times - to 40 million dollars (last year it was 540 million dollars). One may undercut as much as one wants, but batons cannot make the economy of an enterprise. We have a vivid example of the Belarusian Steel Works (we will tell you about the unique nature of the Zhlobin situation a bit later).

So, now one has to support half of the country on that 40 million dollars - IH Dynamo team, football, ice hockey and volleyball Shakhter and the whole Salihorsk, Slavyanski Bazaar festival and so on. Belaruskali is one of the main pillars of the Belarusian economy and the pillars of the regime. But the junta managed to ruin it too. Belarus' flagship for 26 years of agrofuehrer's reign is about to turn into a pumpkin. Just like everything that his blue-rimmed fingers can reach.