Articles Tagged "russia"

Uralkali, Silvinit $1.4 Billion Merger Approved

Shareholders of Russian fertilizer producers OAO Uralkali and Silvinit have approved the companies' $1.4 billion merger, to create the world's second largest potash producer after Potash Corp. of Saskatchewan.

China to seek lower Potash Prices

By Leia Michele Toovey- Exclusive to Potash Investing News China, the world’s largest consumer of potash, will reportedly seek lower prices for the fertilizer component just weeks after the ink dried on the contract between India and International Potash Company (IPC), the marketing arm of Russia’s biggest potash producer, for $460 per tonne. As reported [...]

Russia-India Potash Deal will force Price Rethink

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. For full story, click [...]