Intrepid Raises Potash Postings

Intrepid Potash Inc., Denver, on June 22 announced new potash postings at all mine locations with FOB Carlsbad at $540/st for 60 percent white granular and $547/st for 62 percent white standard. New postings FOB Moab and Wendover, Utah, include $540/st for 60 percent white standard and $535/st for 60 percent white granular.

The new values represent a $90/st increase over previous values and the company said they are in response to the rapid market appreciation in the barge and inland warehouse markets. The company indicates they are sold out for the third quarter with only limited spot tons available to historical customers at the new pricing.