Articles Tagged "china"

Belarusian Potash Co. Agrees to Supply Potash to China for $315 Per Tonne

Bloomberg reported Thursday that Belarusian Potash Co. has signed a deal with China and will supply the country with potash at a price of $315 per tonne which includes shipping costs. Russia's Uralkali (LSE:URALL) reportedly said the price was "significantly" less than possible, despite it being up $10 per tonne from last years price.

Uralkali Looks to India for Supply Deal Ahead of China

Bloomberg reported that Uralkali (MCX:URKA,LSE:URALL) may opt for a supply deal with India ahead of China for the first time since 2008, which may mean a price increase. China, being the biggest consumer of potash, usually makes the deal first, providing a benchmark price for the year and with India paying a premium.