China: Nominal Russian MOP rail price rolls over for July

摘要

Chinese MOP importers have settled their monthly cross-border rail contract price with supplier Uralkali Trading (UKT) at a rollover for July, according to some market sources. The nominal price for standard 62% K2O potash is unchanged at $200/t CPT Manzhouli for July shipments, participants reported. Still, rebates under the rail price are understood to have decreased by $0.5-1/t from around $14-15/t.