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China's annual potash import contract was settled at $346/t CFR on June 12, undercutting India's $349 settlement by $3. Domestic Chinese MOP prices declined by RMB 20-100/t the previous week as spot availability and port inventories shifted.
The China contract sets the global potash price floor, and the settlement at $346 keeps fertilizer costs elevated versus 2024. Softer Chinese spot prices offer limited near-term relief.
agtoday.infoJayJun 9, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
