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Chinese domestic MOP at Salt Lake arrived at 2,180 RMB/MT, down 20 RMB from last month. Imported Russian red and white potash held steady at 2,100 and 2,250 RMB/MT.
Mannheim SOP prices fell 100 RMB/MT to 2,900 and 3,000 RMB/MT for the 50% and 52% grades.
Softer Chinese potash and SOP prices show weak domestic demand in the world's large fertilizer import market. This keeps pressure on global potash pricing.
en.cnagri.comDec 10, 2019Not 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.
