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Canpotex signs deal to supply potash to China

6:30 AM MST | January 26, 2014 | Natasha Alperowicz

Canpotex, the North American potash cartel owned by PotashCorp., Mosaic and Agrium, said on Friday that it has reached an agreement with Sinochem Fertilizer Macao Commercial Offshore (Sinofert) for the supply of 700,000 m.t. of potash to China during the first half of 2014. This new contract is priced at current and competitive market levels, Canpotex says.   Steven Dechka, Canpotex's president and CEO, says that this agreement demonstrates the continued importance Canpotex places on the Chinese market. "We are very pleased to sign a supply contract...

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