U.S. Gulf: Recent potash barge business remained in the $367-$375/st FOB range.
Eastern Cornbelt: The potash market was firm at $400-$417/st range FOB regional warehouses, depending on grade, location, and supplier, with inventories continuing to be described as tight.
Western Cornbelt: The potash market in the Western Cornbelt remained at $400-$410/st FOB for red and $407-$417/st FOB for white granular tons.
Northern Plains: Delivered potash in North Dakota continued to be quoted in the $390-$400/st range from Saskatchewan, where FOB mine prices remained at $345/st for standard, $350/st for granular, and $357/st for soluble sales to U.S. customers. Out of regional warehouses, however, the potash market had reportedly firmed to $400-$410/st FOB for limited tons.
Northeast: Sources said the potash market had firmed to $400-$415/st FOB regional warehouses in the Northeast, depending on grade and location, with supplies getting “tighter and tighter,” according to one source.
“Lots of shipments planned for spring were late, so now they’re showing up for fall,” he continued. “This railcar thing is not even close to an end. It’s a nightmare.”
Eastern Canada: Potash pricing had reportedly firmed to $470-$480/mt FOB Eastern Canada warehouses, with supplies described as very tight and demand strong.
The SOP Magnesia market was quoted at $535-$580/mt FOB in the region, with tight supply due to production issues and rail backlogs.
Sulfate of potash was reported at a firm $880/mt FOB for any available tons in Eastern Canada.