Indian potash import prices surge 21%

Indian potash import prices have surged 21% to about $290/t for deliveries contracted between September 2018 and July 2019.

Importers have warned that higher prices, coupled with a sharp depreciation of the Indian rupee below the Rs73 a dollar mark, would sharply increase the landed price of potash and higher retail price ahead of the new crop sowing season between October and March.