The North American fertilizer markets continue to face weakness because of slow-to-arrive fall demand. Urea trade activity fell off last week, but prices showed signs of stability. For phosphates, DAP buying picked up as prices weakened, while the prior premium for MAP barges has largely eroded.
Potash barge prices pushed to new lows at the same time PotashCorp decided to end its takeover pursuit of German rival K+S, citing challenging economic and market conditions.
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