# Global potash fertilizer prices have risen sharply, and there is still no sign of stopping the rise

> Global potassium chloride prices surged in early June 2021. Bangladesh awarded 218,000 tons in a delayed tender at $333-358/ton CFR, while Brazil spot prices reached $435-450/ton CFR and Southeast Asia rose to $290-310/ton CFR. Baltic FOB prices reached $400/ton, the highest since 2013.

- Date: 2021-06-28 · published 2021-06-28T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/11012-global-potash-fertilizer-prices-have-risen-sharply-and-there-is-still-no-sign
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Strong import demand from Brazil and Asia, combined with tight inventories and sanctions-related supply concerns, points to continued upward pressure on potash prices. Higher potash costs will raise fertilizer expenses for crop producers.

## Read by commodity

- POTASH: bullish ▲

## Sources

- fdd-global.com: https://www.fdd-global.com/article-hot-news/global-potash-fertilizer-prices-have-risen-sharply-and-there-is-still-no-sign-of-stopping-the-rise.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.