China: Port wholesale MOP price decline extends

摘要

Chinese port wholesale MOP prices continue to deteriorate on the back of high imports of contract volumes from overseas producers, market participants report. Although mainstream white 62% K2O potash prices are largely stable at RMB 2,350-2,380 ($350-355)/t FCA, there were no sales confirmed above RMB 2,400/t FCA, an RMB 20/t decrease from the high end of last week’s port wholesale range.