China, India settlements reawaken global potash fertilizer market

摘要

LONDON (ICIS)--Just two weeks after news of a long-term supply settlement between Belarus Potash Company (BPC) and a consortium of Chinese buyers at $220/tonne CFR (cost & freight) China - a $70/tonne decrease on the 2018-2019 contract - the global muriate of potash (MOP) market watched with interest this week as its counterpart Indian settlement arrived. The six-month supply agreement finalised at $230/tonne CFR India - a $50/tonne decrease on the last agreement, and $10/tonne above China’s benchmark deal.