Intrepid Hikes Potash Postings by $25/st

Intrepid Potash Inc. on Oct. 4 announced a $25/st potash pricing increase, effective immediately. The company said posted prices at Carlsbad, N.M., for new orders are now at $337/st FOB for 62 percent standard grade and $330/st FOB for 60 percent granular. New postings at Moab/Wendover, Utah, moved up to $345/st FOB for 60 percent granular, and $340/st FOB for 60 percent standard.

Intrepid said it is currently evaluating its Trio pricing “based on market factors related to the potash price increase.”

The potash price hike from Intrepid follows a $25/st increase announced by Nutrien Ltd. earlier on Oct 4, and a $15/st increase announced by The Mosaic Co. on Sept. 26.