U.S. Gulf: Barges continued to be called $510-$520/st FOB.
Potash Corp. of Saskatchewan Inc. reports that its Allan mine in Saskatchewan will temporarily suspend operations from Feb. 5-March 3, 2012. Operations will resume March 4.
The company said this is consistent with its practice of matching supply with demand. Other inventory adjustments were announced Dec. 8, 2011. Those include an 8 week shutdown at Lanigan Jan. 8-March 3 and a 6 week shutdown at Rocanville Dec. 25-Feb. 4.
Eastern Cornbelt: Potash out of regional warehouses was quoted in the $550-$570/st FOB range to the dealer in early January, depending on grade and location.
Western Cornbelt: The potash market was pegged at $545-$560/st FOB in the Western Cornbelt.
Northern Plains: Minnesota sources quoted the potash market at $545-$560/st FOB warehouses, with the upper end of that range also quoted for delivered granular tons in North Dakota. Potash pricing FOB Saskatchewan mines for U.S. customers was tagged at $530-$540/st FOB, depending on grade and supplier.
Great Lakes: Potash pricing was pegged at $560-$570/st FOB in the Great Lakes region.
Northeast: Potash was quoted at $570-$580/st FOB and $580-$590/st rail-DEL in the Northeast region, depending on grade and location.