# Potash trading stalls as India/China import contract talks drag

> Global muriate of potash trade stalled in mid-April 2024 because India's first six-month import contract had not been settled and China had shown no interest in signing one. Indian buyers were countering around $290/tonne CFR, below the previous $319/tonne contract. Southeast Asian buyers cited the lack of settlement to push for lower prices.

- Date: 2024-04-19 · published 2024-04-19T12:00:00.000Z
- Category: trade · region India · magnitude medium
- Page: https://feedsoft.ai/events/31079-potash-trading-stalls-as-india-china-import-contract-talks-drag
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

The pending India contract is a key benchmark, and a settlement well below the prior $319 level would set a lower global potash price floor. Continued stalling keeps the market bearish with limited upside.

## Read by commodity

- POTASH: bearish ▼

## Sources

- linkedin.com: https://www.linkedin.com/pulse/potash-trading-stalls-indiachina-import-contract-talks-hemphill-dgn6e

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