U.S. Gulf: Most sources last week said the barge market is dead, with prices called $505/st FOB at best. One said a cut of $10-$15/st “might” garner a new trade. However, citing Canadian production cuts and a large number of barges on the river, plus comfortable inland inventories, he said not too many are anxious to buy.
Eastern Cornbelt: Potash out of regional warehouses was tagged at $545-$567/st FOB to the dealer, depending on grade and location, with the upper end quoted for white granular tons on a spot basis.
Western Cornbelt: Potash pricing was steady at $545-$560/st FOB in the Western Cornbelt, depending on grade and location.
California: The potash market remained flat at $590-$610/st FOB California warehouses, depending on grade and location. Sulfate of potash (SOP) was unchanged at $695-$705/st FOB, and potassium nitrate was steady at $1,020/st FOB for bulk tons and $1,090/st FOB for bags.
Pacific Northwest: Potash was flat at $595-$610/st rail-DEL in the Pacific Northwest, depending on grade and location. Potash pricing at Utah mine locations ranged from $535-$545/st FOB.
Washington sources said the K-Mag market had firmed to $431/st FOB in early February, up some $15/st from last report. Product was reportedly in tight supply, and likely to stay that way through spring, according to sources.
Western Canada: Potash pricing remained at $607-$632/mt FOB regional warehouses, depending on grade and location. The market to Canadian customers FOB Saskatchewan mines was pegged in the $592-$601/mt FOB range.