From pricing information to the analysis you need to understand it, ICIS coverage of regional The Outlook Potash markets is second to none.
Our locally based reporters constantly update our independent price assessments and market coverage, giving you a firm foundation in all your dealings.
Use ICIS information to:
- Follow price drivers and fluctuations
- Inform your internal market modelling
- Back up your negotiations
- Determine settlement and contract terms
The Outlook Potash news and market information products from ICIS
We offer the following regional The Outlook Potash coverage to keep you informed of factors and developments affecting prices in the Global The Outlook Potash marketplace.
Price Reporting – More information about the price reports we publish on The Outlook Potash
Independent price assessments and market coverage
Price History – More information about the historical price data we publish on Gas
Track historical price data
News & analysis
News & Analysis - News & market analysis specifically relating to The Outlook Potash
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Updated to Q1 2018
The southeast Asian potash market suffered from availability concerns in Q1, thanks to a combination of demand outstripping supply, high freight rates and ice in ports resulting from a prolonged winter. This has left southeast Asia short of the vital crop nutrient on the spot market, pushing up prices. A tender in Indonesia set a new high price for standard-grade MOP, and has offered the market direction - notably ahead of the key India and China long-term contract negotiations.
After a busy January, MOP market activity tailed off in late February and March, as many of southeast Asia’s larger importers’ requirements have now been met. While demand is still stronger than expected, the volumes trading are relatively small. Buyers are fighting for every tonne and container-load, as producers’ volumes are increasingly destined for other markets in Q2.
Although European potash supply was steady in Q1, a prolonged winter - combined with protracted cold and wet conditions - led to a delay of more than a month in spring applications. Producers’ stocks were high, as farmers were yet to begin widespread fertilizer application. However, despite the slow business, pricing remained firm.
Q1 MOP demand was lacking, thanks primarily to poor weather conditions which kept farmers indoors. Frustrated producers and distributors were eager to offload MOP volumes, which remained in warehouses far longer than normal for the time of year. Some nations were beginning widespread applications as Q2 approached, but the season is said to be approximately one month behind schedule.
In the US during the first quarter potash supply in both the terminals and via New Orleans barges was well balanced, in part due to consistent output without any significant facility or production outage.
The volumes also were bolstered by steady imports.
Also as winter is still in effect in many regions, the outlay of inventory has been substantially reduced and has allowed for a restocking of the volumes anticipated that will be needed for the upcoming crop season.
Winter weather kept farming activity extremely limited over the second quarter and subsequently the amount of buying dwindled over the period.
This comes despite sentiment that the crop nutrient will see increased consumption due to its value amid crop pricing still being pressured.
Most activity this quarter was out of the warehouses in small parcels, as barge business was restricted due in part to high waters making navigation out of the New Orleans market very difficult.
ICIS provides pricing information, news and analysis for all major petrochemical and chemical markets, including The Outlook Potash.
We offer unbiased and independent price reporting, with our price assessments being widely quoted as benchmarks in contracts.
Our information is collected from market participants by our global network of reporters, delivering unrivalled coverage of established and emerging markets, including China and Asia.
ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including The Outlook Potash. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
Our time series of pricing data enables you to build and model trends, to get a view of where markets might be heading. The data service includes charting functionality, allowing you to chart and download multiple data series for manipulation in your own internal models. You can also export data to Excel via the ICIS dashboard service.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including The Outlook Potash, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.