Potash

U.S. Gulf: The barge market continues to be called $410-$415/st FOB.

Eastern Cornbelt: Potash was pegged at $445-$455/st FOB regional warehouses. Sources quoted the Cincinnati potash market at the $450/st FOB level, but “you can buy it for less if you want to push it,” said one contact.

Western Cornbelt: Potash remained at a flat $445-$455/st FOB regional warehouses in the Western Cornbelt.

California: Potash was quoted at $540-$550/st FOB and $550-$560/st DEL in California. Sources reported little demand, with the next big push expected in the fall on nut trees.

SOP remained in tight supply, with the market quoted at $660-$690/st FOB in California, depending on supplier.

The dealer market for crystalline potassium nitrate in California was unchanged at $950/st FOB for bulk and $1,020/st FOB for bags.

Pacific Northwest: Potash remained flat at $500-$510/st FOB regional warehouses. Delivered potash was pegged at $520-$530/st DEL in the region, with the Utah mine price quoted at $435-$440/st after netbacks. Dealers were “working the bottom of bins,” said one source.

K-Mag remained at $481-$491/st FOB for limited tons in the Pacific Northwest.

Western Canada: Potash continued to be quoted in the $489-$505/mt range FOB regional warehouses in Western Canada, depending on grade and location.

The potash market to Canadian customers FOB Saskatchewan mines remained at $474/mt FOB for 60 percent granular potash.