Canadian potash jv signs supply contract with India

Canpotex—an offshore marketing company owned jointly by Agrium, Mosaic Canada Crop Nutrition (a subsidiary of Mosaic) and PotashCorp—has reached an agreement with the Indian government and private sectors to supply about 1.1 million m.t. of potash for shipment up to January 2014. The potash is priced at $427/m.t. "We are very pleased to sign supply contracts with our long-term Indian customers, and to continue our history of being a leading supplier to this important market,” says Steven Dechkta, Canpotex president and CEO. “We look...

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