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Belarus Potash, Canpotex Sign Second Half-Potash Contracts with Chinese Companies
5:45 AM MDT | July 7, 2011 | Natasha Alperowicz
Belarus Potash Co. (Minsk, Belarus), a fertilizer trading joint venture between Belaruskali (Minsk) and Uralkali (Berezniki, Russia), has concluded a contract with Sinochem and SNAMPGC, China’s largest importers of fertilizers, to supply 500,000 m.t. of potassium chloride fertilizer during the second half of this year. The buyers will pay $470/m.t. on a cost-and-freight basis, under the terms of the deal, which includes an option for an additional supply of 200,000 m.t.. Separately, Canpotex (Saskatoon, SK) today signed a contract with Sinofert, China's...
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