The Mosaic Co. reported on April 22 that it is raising its muriate of potash (MOP) list prices in North America by $15/st, effective immediately. “We have been making significant production cuts to match demand, and we expect near record global shipment in the second-half of 2016,” a company source said.
The announcement follows a similar one made by Agrium Inc. on April 15. Agrium’s $15/st increase on that date resulted in its warehouse postings moving to $245/st FOB most Midwest locations.