Several potash producers trotted out their summer fill programs as June came to a close, with lower prices announced for mine and warehouse locations and on a delivered basis.
PCS Sales on June 28 announced its new potash postings for the July 1 through Sept. 30 fill period. The company’s published prices FOB Saskatchewan mines will drop to $345/st for standard, $350/st for granular, and $357/st for soluble and white granular. A $20/st increase is slated for Oct. 1.
For the same July 1 through Sept. 30 period, PCS Sales’ warehouse postings for granular potash will move to $390/st FOB at locations in Iowa, Illinois, Indiana, Missouri, Ohio, and Wisconsin, $397/st FOB Chesapeake, Va., and $400/st FOB Baltimore, Md.
On a rail-delivered basis from July 1 through Sept. 30, granular potash postings from PCS Sales include $400/st in the Midwest and $410/st in the Southeastern and Northeastern U.S. The $20/st increase on Oct. 1 also applies to warehouse and rail-delivered postings.
Agrium also reposted potash for the July 1 through Sept. 30 shipping period, with standard grade potash moving to $345/st and premium grade to $350/st FOB Vade, Sask.
Agrium’s warehouse postings for red premium potash during that period move to $390/st FOB terminals in Illinois, Indiana, Iowa, Michigan, Ohio, Minnesota, Missouri, Nebraska, North Dakota, and Florida; $397/st FOB Wilmington, N.C.; and $405/st FOB Georgia locations at Americus, Bainbridge, Savannah, and Tifton.
On a rail-delivered basis, Agrium’s red premium potash postings for July 1 through Sept. 30 include $400/st in Midwest, Southern Plains, and Northern Plains locations, and $410/st in southern and eastern U.S. locations.
In the Western U.S., Agrium’s red premium potash postings for the July 1 through Sept. 30 period include $405/st FOB and $415/st rail-DEL in southern Idaho, Utah, and Oregon’s Malheur County; $410/st FOB and $420/st rail-DEL in Washington, the Idaho Panhandle, and Oregon excluding Malheur County and the Willamette Valley; and $415/st FOB and $425/st rail-DEL in Oregon’s Willamette Valley.
New, lower postings were also in effect for ammonium sulfate. Honeywell on June 23 lowered its ammonium sulfate postings to $170/st for granular and $155/st for mid-grade on an FOB warehouse or rail-delivered basis in Illinois, Wisconsin, Minnesota, Iowa, Missouri, Nebraska, and Kansas. DSM Chemicals also moved its granular ammonium sulfate posting in the Midwest to $170/st DEL less a 5 percent discount.
And effective June 28, American Plant Food Corp.’s granular ammonium sulfate postings in Texas dropped $40/st to $175/st FOB Freeport, $185/st FOB Galena Park, $200/st FOB Fort Worth, and $215/st FOB Littlefield. APF’s coarse ammonium sulfate postings dropped on that date to $165/st FOB Freeport, $175/st FOB Galena Park, $190/st FOB Fort Worth, and $205/st FOB Littlefield, while standard grade ammonium sulfate postings moved to $160/st FOB Freeport and $200/st FOB Littlefield. APF’s N-Pac Compacted posting fell on June 28 to $190/st FOB Galena Park.
Agrium also reposted ammonium sulfate, moving on July 1 to $225/st DEL in North Dakota, Minnesota, Wisconsin, Washington, Oregon, Idaho, Montana, Wyoming, Utah, and Nevada, and $220/st FOB warehouses in Washington, Oregon, Idaho, Utah, and Nevada.
Agrium released new MAP postings in the Western U.S. as well, effective July 1. These include $465/st DEL in Montana and Wyoming; $470/st DEL in southern Idaho, Utah, Nevada, and Oregon’s Malheur County; $470/st FOB and $475/st DEL in Washington, northern Idaho, and Oregon excluding Malheur County; and $480/st FOB and $485/st rail-DEL in California and Arizona.
Not all new fertilizer postings were moving down, however. Effective July 1, Agrium’s phosphoric acid postings moved up $40/st from June reference levels to $785/st railDEL for both super phosphoric acid (SPA) and merchant grade acid (MGA) in Colorado, Iowa, Kansas, Minnesota, Nebraska, New Mexico, the Dakotas, Oklahoma, Texas, and Wyoming. Agrium’s SPA and MGA postings in the Western U.S. also firmed $40/st on July 1, to $845/st rail-DEL in Arizona, California, Idaho, Montana, Nevada, Oregon, Utah, and Washington.