Domestic potash fertilizer market is stable

The domestic potash fertilizer market has remained stable, with several factors contributing to the current price stability. In addition to supply constraints, recent positive developments in the international market have also provided support to domestic prices. In Latin America, demand for potassium remains strong, and Brazilian suppliers of granular potash are currently offering prices as low as CFR 350 USD per ton. Transactions involving Canadian and Ukrainian potash for delivery in April are expected to reach CFR 360 USD per ton, indicating continued strength in regional trade. In the U.S., the potash market continues to show resilience, with barge-source transactions reaching FOB 330 USD per short ton—up by 10 USD from the previous week. This suggests ongoing demand and limited supply in key markets. Meanwhile, in Asia, India is set to finalize a new round of contract orders at the end of this month. Industry insiders remain optimistic, expecting the transaction price for the upcoming contracts to fall within the range of CFR 325–330 USD per ton. This confidence reflects the country’s sustained need for potash and its active participation in global trade. Beyond demand, other factors such as cold weather affecting transportation and the recent incident in Israel have introduced uncertainty into the international potash supply chain. These disruptions could further tighten global supplies and push prices higher, which in turn supports the cost of imported potash fertilizers in China. Overall, the combination of strong regional demand, supply-side challenges, and geopolitical events is reinforcing the stability of the domestic market and keeping prices supported in the near term.