Potash

U.S. Gulf: Potash barges remained under pressure. The last done business was called $320-$325/st FOB.

Eastern Cornbelt: Potash continued to be quoted in the $360-$370/st range FOB regional warehouses during the final days of 2013. As the new year started, however, PotashCorp reportedly came out with a winter fill program for potash at $350/st FOB warehouses, with orders required by Jan. 10 and shipment due by Jan. 31.

Western Cornbelt: Downward pressure has reportedly intensified on spot potash prices in the Western Cornbelt region. Sources quoted the potash market at $355-$370/st FOB regional warehouses last week, with the low reported in southern Missouri and the upper end in the Iowa market.

Sources said PotashCorp came out with a 2014 winter fill program for potash at $350/st FOB warehouses, with orders required by Jan. 10 and shipment due by Jan. 31.

California: Muriate of potash was unchanged at $500-$510/st DEL and $494-$502/st FOB in California, with the low end reported after discounts. Some sources talked of a possible cut to potash prices after the first of the year, but no pricing changes were reported yet last week.

Crystalline potassium nitrate remained at $950/st FOB for bulk and $1,020/st FOB for bags. The sulfate of potash (SOP) market was pegged at $660-$670/st FOB in California.

Pacific Northwest: Potash continued to be quoted at $455-$465/st FOB and $460-$465/st rail-DEL in the Pacific Northwest. The potash market FOB Utah mines was flat at $385-$390/st for tons shipped into the region.

K-Mag remained at $461-$481/st FOB in the Pacific Northwest.

Western Canada: The regional potash market remained flat at $460/mt FOB Saskatchewan mines to Canadian customers. Dealer pricing out of Western Canada warehouse locations was unchanged at $468-$491/mt FOB, depending on location and supplier.