Handout - K+S Aktiengesellschaft
Handout - K+S Aktiengesellschaft
Handout - 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 />
1000<br />
800<br />
600<br />
1000<br />
800<br />
600<br />
Brazil<br />
(granuliar)*<br />
South-East Asia<br />
(SEA, standard)<br />
400<br />
435<br />
400<br />
450-465<br />
450-470 SEA<br />
Brazil<br />
200<br />
200<br />
0<br />
0<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$/tonne of granulated potassium chloride<br />
●<br />
●<br />
The collapse in agricultural prices as a consequence of the financial crisis also led to a decrease in potash prices;<br />
following the conclusion of contracts with Chinese and Indian customers, a price level of approximately 400 US$/tonne<br />
of granulated potassium chloride was established worldwide at the beginning of 2010. This increased gradually as<br />
part of an improving agricultural environment and thus took into account the fact that time-consuming and capitalintensive<br />
greenfield projects for the creation of new capacities can only be realised economically with a reasonable<br />
potash price level<br />
Due to strong demand, the global price level rose in 2011 from about US$ 400/tonne to over US$ 500/tonne<br />
January 2013<br />
* Until end of September 2010 MOP standard; Source: FMB; as of 17 January 2013<br />
<strong>K+S</strong> Group<br />
19