Standardpräsentation Investor Relations - K+S Aktiengesellschaft
Standardpräsentation Investor Relations - K+S Aktiengesellschaft
Standardpräsentation Investor Relations - K+S Aktiengesellschaft
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Potash and Magnesium Products<br />
MOP Price Development<br />
US$/t<br />
Northwest-Europe (standard, fob)<br />
US$/t<br />
Overseas (cfr)<br />
Brazil<br />
(granular)<br />
*<br />
South-East Asia<br />
(SEA, standard)<br />
405<br />
SEA: 435-470<br />
BRA: 440-450<br />
2003 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 2013 2003 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 2013<br />
● Due to the tight demand-supply-situation, potash prices more than doubled between 2004 and 2007<br />
● The strong and in part speculatively driven raw materials boom which was observable worldwide until mid-2008<br />
also had an effect in significant price increases to over 800 US$/tonne of granulated potassium chloride<br />
● The collapse in agricultural prices as a consequence of the financial crisis also led to a decrease in potash prices;<br />
a price level of approximately 400 US$/tonne of granulated potassium chloride was established at the beginning of<br />
2010. This increased gradually as part of an improving agricultural environment and thus took into account the fact<br />
that time-consuming and capital-intensive greenfield projects for the creation of new capacities can only be realised<br />
economically with a reasonable potash price level<br />
● Pricing pressure at the end of 2012 due to the lack of contracts with China and India, followed by a stabilisation at<br />
the beginning of 2013 after the conclusion of new contracts<br />
June 2013<br />
* Until end of September 2010 MOP standard; Source: FMB<br />
<strong>K+S</strong> Group<br />
32