Nola MOP prices continue to climb as the US market assesses long-term supply impacts stemming from Russia's invasion of Ukraine.
Several prompt barges this afternoon transacted from $695-705/st fob Nola, upward of a $10/st increase from yesterday.
Market participants doubt the ramifications of the conflict in Ukraine will have a material impact on spring supply availability in the US, although the potential for any disruption to potash exports from Russia casts uncertainty over the long-term supply balance.
