Standardpräsentation Investor Relations - K+S Aktiengesellschaft

Potash and Magnesium Products
MOP Price Development
US$/t
Northwest-Europe (standard, fob)
US$/t
Overseas (cfr)
Brazil
(granular)
*
South-East Asia
(SEA, standard)
405
SEA: 435-470
BRA: 440-450
2003 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 2013 2003 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 2013
● Due to the tight demand-supply-situation, potash prices more than doubled between 2004 and 2007
● The strong and in part speculatively driven raw materials boom which was observable worldwide until mid-2008
also had an effect in significant price increases to over 800 US$/tonne of granulated potassium chloride
● The collapse in agricultural prices as a consequence of the financial crisis also led to a decrease in potash prices;
a price level of approximately 400 US$/tonne of granulated potassium chloride was established at the beginning of
2010. This increased gradually as part of an improving agricultural environment and thus took into account the fact
that time-consuming and capital-intensive greenfield projects for the creation of new capacities can only be realised
economically with a reasonable potash price level
● Pricing pressure at the end of 2012 due to the lack of contracts with China and India, followed by a stabilisation at
the beginning of 2013 after the conclusion of new contracts
June 2013
* Until end of September 2010 MOP standard; Source: FMB
K+S Group
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