Potash port wholesale prices have declined further in China as volumes stored in bonded warehouses have started moving inland under the new contract price of $219/mt CFR. Prices for Russian red standard MOP have fallen below RMB 1,750 ($260)/mt FCA while those for white 62% K2O product are down to RMB 1,900 ($286)/mt FCA from 1,980/mt FCA last week. Port wholesale prices are this week assessed at RMB 1,730-1,900/mt FCA.
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