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Muriate of Potassium Chloride Pricing kept on rising across global market including North America during this quarter. Farmers heard battling with fertilizer cost, while domestic demand remained high from agriculture sector. Furthermore, shipments remained halted due to lower trade activities, as most of the countries resisting trade in order to control country’s food inflation. In USA, high fertilizers cost kept on putting inflationary pressure on consumers and the prices reached multiyear high value during this quarter. Thus, after witnessing an exponential surge in MOP price heard hovering around USD 775/MT during December in USA.
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