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Southeast Asian standard-grade muriate of potash prices hit a new high this week, with spot containers changing hands at $290-292/tonne CFR in Indonesia. Producers are seeking higher rates amid tight supply and freight costs of around $55-58/tonne.
Tight regional potash availability and rising freight costs push up fertilizer input costs for Asian crop producers, a bullish signal for potash pricing.
vinachem.com.vnApr 20, 2018Not 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.
