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Report says Belarus plans potash production cut, K+S shares rise



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** German potash and salt miner K+S SDFGn.DE shares rise around 7% following a report Belarussian president Lukashenko proposed potash production cut

** According to the Belarussian state news agency Belta, Lukashenko is considering a cut in potash production of around 10%, citing very low price levels for potash

** Following Russia's invasion of Ukraine in 2022, Western sanctions on Belaruskali from Belarus and Russia's Uralkali, which together account for about one third of the world's potash production, have made the key crop fertiliser more scarce and expensive

** K+S's shares top the pan-European index STOXX 600 .STOXX and are on track for the best day since April 2022



Reporting by Tristan Veyet

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