Russia-India Potash Deal will force Price Rethink

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Sat, Jul 11, 2009
Potash Market News
Post by Melissa Pistilli, Potash Senior Reporter

Belarussian Potash Co, a major supplier of potash to world markets, may revise its price offers after reports that rival supplier Silvinit agreed a deal with India at levels far below market expectations.

Oleg Petrov, head of sales at BPC, stated:

We did not expect such a significant reduction in price.

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