The price of bulk large-particle potassium chloride rose from the previous transaction of CIF 363 to the CIF price of 375 euros, or 12 euros; the price of large-grained **potassium rose from the previous 453 euros to 465 euros, up 12 euros. Potash Corp of Germany plans to adjust the standard specifications of potassium chloride and potassium in the fourth quarter to this price level. Later this month, it will negotiate potash fertilizer prices with ternary fertilizer manufacturers.
Another noteworthy news last week was that Southeast Asia had reached its first batch of potash fertilizer transactions after the price increase. The transaction price of potassium chloride CIF was US$535 and the large-grain potassium chloride CPF price was US$550. Last week, IPC also announced the sale of 25,000 tons of standard potassium chloride and large-particle potassium chloride shipped from October to November at this price level. At the same time, the North American Potash Sales Coalition also stated that it basically reached a 25,000 tonne standard potassium chloride shipment in the fourth quarter with Asian buyers at a CIF price of US$535, which was a US$25 increase from the previous US$510. These new deals surprised market players.
In the United States, GSL also announced that from October 1st, it will increase the price of all ** potassium by 30 US dollars per short ton.
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