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European potash demand is lagging after wet and frozen fields delayed spring applications. Granular MOP has traded at or above $300/tonne CFR in Brazil and Southeast Asia, with a new regional high of $305/tonne CFR reported in Southeast Asia.
Strong offshore prices and a possible late-season European bottleneck point to firmer potash costs for fertilizer buyers.
vinachem.com.vnMar 5, 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.
