U.S. Gulf: The last done potash barge business continued to be called $345-$347/st FOB. Sources speculated that if barges were readily available, new business could top the $350/st FOB mark.
Eastern Cornbelt: The potash market in the Eastern Cornbelt was pegged at $377-$385/st FOB regional warehouses last week. Though sources continued to report tight inventories and outages at several locations, one contact commented that there “seems to be a little shaking loose” as demand slows down.
Western Cornbelt: Potash was steady at $370-$380/st FOB regional warehouses in the Western Cornbelt, depending on location.
Northern Plains: Minnesota sources tagged the granular potash market at $365-$370/st FOB regional warehouses, down slightly from last report, with delivered potash in North Dakota reported in the $365-$385/st range from Saskatchewan. The potash market FOB Saskatchewan mines remained in the $330-$340/st range to U.S. customers, depending on grade.
Great Lakes: Granular potash was quoted in the $377-$385/st FOB range in the Great Lakes region, although many warehouses were reportedly out of product at mid-month. Michigan contacts tagged truck-delivered potash in a wide range at $420-$460/st for replacement tons coming from out of state.
Northeast: The granular potash market was pegged at $380-$385/st FOB for the most recent business, with the low at Baltimore and the upper end FOB East Liverpool. Inventories were reportedly tapped out at East Liverpool, however. The upper end of the regional range remained at $390/st FOB Lewistown, Penn.