15 June 2009 11:12 [Source: ICIS news]
LONDON (ICIS news)--Shipments of potash from ?xml:namespace>
Exports of potassium chloride (MOP) from
Moreover, shipments declined every month since January, with only 219,000 short tons of MOP imported into the US in April, 1m short tons less than in April 2008.
US fertilizer distributors said that concerns about the very high price for potash had led to a collapse in demand during the spring season, which was just ending.
Importers told ICIS’ fertilizer report The Market that dealers were unwilling to buy MOP at current asking prices – in the $500s/short ton ex-terminal - firstly because farmers would not pay that much and secondly because they feared a sharp drop in prices during the second half of the year.
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