U.S. Gulf: The NOLA potash market continued to be quoted at $305/st FOB, with little interest. Players continued to speculate that lower numbers could be done should buyers step forward.
Eastern Cornbelt: Potash pricing was commonly quoted in the $345-$355/st FOB range out of regional warehouses in the Eastern Cornbelt.
Western Cornbelt: The potash market was steady at $345-$355/st FOB warehouses in the Western Cornbelt, depending on grade and location.
California: The California potash market was unchanged at $472-$480/st FOB warehouses, with rail-delivered potash pegged at $485-$495/st in the state, depending on grade and location.
Crystalline potassium nitrate remained at $950/st FOB for bulk and $1,020/st FOB for bags.
Sulfate of potash (SOP) was steady at $722-$735/st FOB in California.
Pacific Northwest: Potash remained at $410-$420/st FOB in the Pacific Northwest, depending on grade and location, with rail-delivered tons quoted at $415-$425/st. The potash market FOB Utah mines was unchanged at $370/st FOB for 60 percent standard and $375/st FOB for 60 percent granular.
The sulfate of potash (SOP) market was steady at $727-$737/st FOB in the region.
SOP Magnesia remained at $481-$505/st FOB in the Pacific Northwest.
Western Canada: Potash was steady at $470-$480/mt FOB inland warehouses in Western Canada, with the Saskatchewan mine price quoted at $445-$450/mt FOB to Canadian customers.
Brazil: Sources report a further slippage in granular potash prices this week amid low buying interest and a continuing deterioration of the real against the U.S. dollar. There are reports that prices may have slipped south of $310/mt CFR, although no deals could be confirmed at this level.
Southeast Asia: Deteriorating currency values against the U.S. dollar remain a major issue for importers and buyers.
In contrast to the import inactivity elsewhere in the region, Vietnam will see the delivery of two cargoes of 25,000-30,000 mt from Uralkali, which are reported to include a mix of standard and granular material. A similar-sized cargo is also en route from Belarus Potash Co. (BPC) for August delivery. The standard tons were reportedly priced at $325-$330/mt CFR.
Southeast Asia prices remain unchanged at $305-$330/mt CFR for standard and $325-$340/mt CFR for granular.