Japan: Potash imports at five-year high

摘要

Japan imported 180,946 mt of potash between January and April, a 7% increase on the same period in 2014 and the highest January-April imports since 2010, according to GTIS. Japan imported 138,000 mt from Canpotex, or 77% of its entire imports, while 20,000 mt was imported from Uralkali. Canpotex concluded its H1 potash contracts for Japan in December 2014 at an average price of over $410/mt CFR depending on grade, an agreement for the second half is likely to be made shortly.