There are indications that potash pricing is improving in some of the major markets.
Cantor Fitzgerald has indicated that prices have begun to firm up in Brazil, Southeast Asia, and even the United States. SE Asia has seen prices climb from $280 per tonne at the end of 2013, to reach $350 in April. Brazil has also shown improvement expecting to reach $360/tonne from $310. Not to be left out, the pricing in the United States has also improved by $20 to $370.
This pricing improvement is also coupled with improved volumes, reported to be ahead of last February by 24%.
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