Handout - K+S Aktiengesellschaft

Potash and Magnesium Products
MOP Price Development
US$/t
Northwest-Europe (standard, fob)
US$/t
Overseas (cfr)
1000
800
600
1000
800
600
Brazil
(granuliar)*
South-East Asia
(SEA, standard)
400
435
400
450-465
450-470 SEA
Brazil
200
200
0
0
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$/tonne of granulated potassium chloride
●
●
The collapse in agricultural prices as a consequence of the financial crisis also led to a decrease in potash prices;
following the conclusion of contracts with Chinese and Indian customers, a price level of approximately 400 US$/tonne
of granulated potassium chloride was established worldwide 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 capitalintensive
greenfield projects for the creation of new capacities can only be realised economically with a reasonable
potash price level
Due to strong demand, the global price level rose in 2011 from about US$ 400/tonne to over US$ 500/tonne
January 2013
* Until end of September 2010 MOP standard; Source: FMB; as of 17 January 2013
K+S Group
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