SE Asia: MOP outlooks bullish on tight supply

摘要

Supply of standard MOP in Southeast Asia remains tight and although spot business is limited, market participants again suggested that price indications are on the rise. Prices in Indonesia were cited by a distributor at just below $240/mt CFR. Levels are likely to increase to around $250/mt CFR through tenders in the remainder of the year due to a lack of availability and higher retail price offers, according to the source.