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The global MOP market is recovering after a slow fourth quarter, with India's RCF awarding a 105,000 tonne tender to BPC at $280/t CFR. Indian MFL also has a 25,000 tonne spot tender open, and demand is picking up in Southeast Asia.
Renewed import tender activity in India and Southeast Asia supports potash prices, adding modest upward pressure on fertilizer costs for grain and oilseed growers.
news.agropages.comJan 20, 2020Not 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.
