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Canpotex Signs Potash Contracts with Coromandel and Tata Chemicals

2:11 AM MDT | August 4, 2011 | Natasha Alperowicz

Canpotex has signed contracts with its long-term Indian customers, Coromandel International and Tata Chemicals, to supply 670,000 m.t.of potash during the period from October 1, 2011 to March 31, 2012. Pricing under these contracts is $470/m.t. CFR for 50% of the contract volumes for shipment during fourth quarter of this year, and $530/m.t. CFR for the remaining volumes for shipment during the first quarter of next year. “India is one of the largest potash markets in the world, and these new contracts are indicative of our ongoing commitment to this...

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