Domestic Potash Prices Decreased, Russian Potash and NPK Prices Decreased

(1) Domestic Potash Prices Decreased and Russian Potash Price Decreased
The price of Salt Lake’s MOP (60%, crystal) arrival into the factory was 1,820 RMB/MT (included a VAT of 10%), 280 RMB /MT less than last month. The prices of imported Russian Red Potash in the ports reached 1,750 RMB/MT, 200 RMB /MT less than last month. The prices of imported Russian White Potash in the ports reached 1,820 RMB/MT,180 RMB /MT less than last month.
 
The average price of Mannheim 50% powdery SOP was 2,700 RMB/MT, 150 RMB /MT less than last month. The average price of Mannheim 52% powdery SOP was 2,800 RMB/MT,200 RMB /MT less than last month
 (2) Compound Fertilizer Price Decreased
In May , 45% CL-based NPK ex-factory price averaged 2,015 RMB/MT, 17 RMB/MT less than last month. 45% S-based averaged 2,258 RMB/MT, 12 RMB/MT less than last month.