China’s domestic potash prices continue to fall on the back of limited downstream demand, while port inventories are also estimated to have increased slightly. Sales of Russian red standard MOP were confirmed as low as RMB 1,850 ($269)/mt FCA while the high end of white 62% K2O prices dropped to RMB 1,970 ($286)/mt FCA. The Chinese port wholesale market is therefore assessed at RMB 1,850-1,970/mt FCA, down from RMB 1,870-2,020/mt FCA previously.
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