Nola MOP jumps again amid uncertainty
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.
Related news posts
Business intelligence reports
Get concise, trustworthy and unbiased analysis of the latest trends and developments in oil and energy markets. These reports are specially created for decision makers who don’t have time to track markets day-by-day, minute-by-minute.
Learn more