US Gulf:
NOLA potash barges dropped to $345-$365/st FOB for the latest indications, down from last week’s long-standing $380-$400/st FOB range, though new business was hard to come by as the industry awaits the launch of potash fill programs later this month.
Potash terminal pricing was pegged at $395-$425/st FOB in the Eastern Cornbelt, depending on location. The latest Cincinnati offers were confirmed at $400/st FOB at midweek, below the last reported $405-$410/st FOB range.
Western Cornbelt:
Potash pricing remained at $395-$425/st FOB in the Western Cornbelt, with the low confirmed at St. Louis and the high in Iowa. Sources said no potash fill programs were announced during the holiday-shortened week.
California:
Potash was steady at $605-$615/st FOB and $610-$620/st DEL in California.
Pacific Northwest:
The potash market in the Pacific Northwest remained at $525-$540/st FOB, with reference pricing steady at $560/st DEL for 60% MOP and $570/st DEL for 62% MOP.The last potash postings FOB Moab and Wendover, Utah, included $505/st for 60% white standard and $515/st for 60% white granular.
Western Canada:
Potash pricing for truck tons at the mine in Saskatchewan remained in the C$680-$695/mt FOB range, depending on grade. No potash fill programs were on the table in early July.
Brazil:
Stronger demand lifted the import price to $330-$340/mt CFR. The price in Rondonopolis tightened on the lower end of the range, however, to $435-$480/mt FOB ex-warehouse.