US Gulf:
NOLA potash barges continued to be quoted in the $360-$370/st FOB range for prompt business, with most citing the $365/st FOB level.
Eastern Cornbelt:
Potash slipped to $415-$460/st FOB in the Eastern Cornbelt, down another $10/st, with the low confirmed out of river terminals in Ohio. Great Lakes sources also quoted potash offers as low as $415/st FOB Toledo for March-April tons.
Western Cornbelt:
Potash terminal prices remained in a broad range at $415-$465/st FOB in the Western Cornbelt, with the St. Louis market quoted at $415-$425/st FOB in late March.
Northern Plains:
Sources reported potash pricing at $430-$450/st FOB St. Paul, with delivered tons quoted at the $470-$485/st level in the Northern Plains. The latest prices FOB Saskatchewan mines were reported at $482-$495/st, depending on grade and time of delivery.
Northeast:
Potash was steady at $440-$465/st FOB in the Northeast, with the low at East Liverpool and the high at Fairless Hills. April-May pricing at Fairless Hills was reportedly referenced at the $475/st FOB level. Delivered tons were quoted at $480-$490/st in Pennsylvania.
Eastern Canada:
Potash pricing in Eastern Canada remained at C$740-$745/mt FOB regional warehouses.
Indonesia:
PT Pupuk Indonesia was reported to have purchased an unconfirmed volume of standard potash from a European-based supplier at around $450/mt CFR, for shipment between April and September. The details could not be confirmed by Green Markets press time, however.
Brazil:
Prices dropped to $400-$440/mt CFR. Sources said downward pressure continues to come from sanctioned-country product priced at $400-$410/mt CFR. Buyers looking for bargains were leaning on suppliers from non-sanctioned locations to match these low levels.
The Rondonopolis price narrowed to $545-$575/mt FOB ex-warehouse. Offers at $585/mt FOB were rejected, causing the regional price to soften.