Sulfate of Potash

US Imports:

May SOP imports firmed 40.2%, to 22,699 st from 16,189 st in May 2022. Imports fell 31.2% in July-May, however, to 116,928 st from the year-ago 169,983 st. Imports from Germany totaled 66,323 st in July-May, ahead of 27,733 st from Canada. Belgium sent 18,699 st.

US Exports:

May SOP exports fell 91.1%, to 1,128 st from the year-ago 12,679 st. July-May exports were down 31.8%, to 43,572 st from 63,903 st in the prior year. July-May exports to Mexico totaled 27,794 st. Canada took 7,165 st, while Colombia purchased 5,687 st.

Eastern Canada:

The SOP market in Eastern Canada was quoted at C$1,200-$1,273/mt FOB in early July, down C$50/mt at the low end of the range.