US Gulf:
The NOLA potash market firmed to $345-$350/st FOB for confirmed new October-November business on reports of limited availability, up from last week’s $340-$345/st FOB range.
Potash was unchanged at $385-$400/st FOB in the Eastern Cornbelt, with the high reported out of inland warehouses and the low at river terminals. The Cincinnati market remained at $385-$395/st FOB in early October.
Potash edged up to $385-$400/st FOB in the Western Cornbelt, with the St. Louis market quoted in the $385-$395/st FOB range.
Northern Plains:
Potash was quoted at $390-$400/st FOB St. Paul, with delivered tons reported in the same range for 4Q shipment. The latest prices FOB Saskatchewan mines remained at $365-$371/st FOB, depending on grade.
Northeast:
Potash prices remained at $360/st FOB Baltimore, $370/st FOB Fairless Hills, and $400/st FOB East Liverpool in early October.
Eastern Canada:
The potash market in Eastern Canada was quoted at C$585-$590/mt FOB regional warehouses, up from August pricing in the C$545-$585/mt FOB range.
Thailand:
Potash imports to Thailand totaled 433,000 mt in January-August, according to Trade Data Monitor, a 34% decline from the year-ago 653,000 mt, with Laotian potash accounting for 20% of the market.
Laos has steadily increased in its share of the Thai potash market in recent periods, the data showed.August imports stood at 77,000 mt, a 25% decline from the 103,000 mt recorded in August 2022.
Brazil:
Imported potash prices were unchanged at $340-$350/mt CFR. Despite high inventory levels, reports of steady deliveries were expected to support prices. Potash was stable at $480-$485 FOB ex-warehouse in Rondonopolis, unmoved from the previous week.