With more settlements of the 2015 potash contracts, Chinese domestic prices keep sliding further towards the new price. Port wholesale prices are down by RMB 100/mt ($16/mt) already compared to the prices before the settlement between BPC and Chinese buyers on March 19. This week mainstream port wholesale prices for Russian red standard MOP on the whole remain stable at RMB 2,050/mt ($330/mt) FCA, while the low end has dropped to RMB 2,030/mt ($327/mt) FCA.
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