Canada’s potash company and the Canadian company’s merger proposal made significant progress last week. The proposal was approved by India on condition that Canadian Potash Company sold its minority stake in the country’s three major suppliers within 18 months. In addition, in the main potash market, to maintain the basic stability of the price.

               In Brazil, Safrinha corn season before the demand is lower, prices are weak. At the same time, tight supply also inhibited the price decline. Last week the large grain of potassium chloride in the CIF price of 280 to 285 US dollars (t price, the same below).

               Potash profits in Southeast Asia are relatively low, and suppliers want to raise prices still face challenges.

               Nicosia is looking for potash for planting demand, but the CIF price of standard potassium chloride remains at $ 250 to $ 265.

               In Europe, the quotation and price of suppliers show that the large grain of potassium chloride has remained at 255 to 265 euros, and the market demand and purchase activity have not yet increased significantly.

               In the United States, the needs of buyers to a large extent has been met, large particles of potassium chloride in New Orleans, FOB remained at 220 to 225 US dollars / short ton.