Von Uralkalis webpage :
Uralkali (the Company; Moscow Exchange: URKA), one of the world’s largest potash producers, announces that Uralkali Trading, a wholly-owned subsidiary of Uralkali, has concluded a contract with Indian Potash Limited (IPL), the major Indian importer of fertilizers, for potash deliveries until the end of 2020. The contract price has been set at US$ 230 per tonne of potash fertilizers on the terms of delivery to the buyer’s port (CFR), and to a greater extent reflects the current market situation, in contrast to the commercial terms of the Chinese contract, which were considered suboptimal by most companies in the industry. |