Eastern Cornbelt: Sources pegged the potash market at $500-$510/st FOB in the Eastern Cornbelt, with most dealer quotes at the upper end of that range out of regional warehouses.
Western Cornbelt: Potash pricing was flat at $495-$510/st FOB regional warehouses.
California: Potash pricing was steady at $570-$587/st FOB in California, depending on grade and location. The MOP market FOB Modesto was pegged at the $587/st mark last week. Delivered potash remained in the $570-$590/st range, depending on grade.
Intrepid Potash on June 22 reposted its warehouse potash prices in California, with 60 percent granular moving to $570/st FOB Chico and 62 percent standard moving to $582/st FOB Bakersfield. Those warehouse postings were down $40/st from July 8, 2011, reference levels.
Sulfate of potash (SOP) was steady at $695-$705/st FOB, and potassium nitrate was unchanged at $1,020/st FOB for bulk tons and $1,090/st FOB for bags.
Pacific Northwest: Sources quoted delivered potash in a broad range at $540-$595/st in the region last week, depending on grade and location.
At its Moab and Wendover mines in Utah, Intrepid Potash’s MOP postings moved on June 22 to $510/st FOB for 60 percent standard and $515/st FOB for 60 percent granular, down $45-$55/st from July 8, 2011, posted levels. Intrepid also announced new MOP postings out of warehouses, with 60 percent granular moving on June 22 to $580/st FOB Moses Lake, Wash., down $40/st from July 8, 2011, reference levels.
Western Canada: The potash market to Canadian customers FOB Saskatchewan mines was reported in the $530-$540/mt FOB range, down roughly $60/mt from spring pricing levels. Out of regional warehouses, the dealer market moved on July 1 to $545-$570/mt FOB, depending on grade and location.