Potash prices across Southeast Asia are assessed stable this week but some traders expect market pressure to result in decreases in the near future. As tenders are still being delayed there is a lack of business to confirm. Retailers in Malaysia are understood to be attempting to push for the transfer of tonnes but the only way for them to do so successfully is if prices decrease. Market pressure in the region is coming not only from Malaysia, but also from other global markets such as Brazil as they continue to follow the same trend of sliding values. Any indications of drops in Malaysia are due to business involving small plantations, according to sources.
展开▼
