Sociedad Química y Minera de Chile

This company sits on the supply side for 2 of its 2 materials — a restriction on those is a tailwind, not a headwind.

As a producer, policy pressure across its produced materials is flat.

Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.

🇺🇸 US accounts for 21% of severity-weighted pressure. Regulatory focus shifted from 🇺🇸 US to 🇨🇳 CN in 2026Q3.