Reports: BPC to sell 1 million m.t. of potash to India (update)

Belarusian Potash Co. (BPC; Minsk)—a joint venture between Uralkali (Berezniki, Russia) and Belaruskali (Soligorsk, Belarus)—is expected to sign contracts to sell 1.0 million m.t. of potash to India, according to a Reuters report. Further details were not disclosed. The price of the contract was set at $427/m.t. according to a report by Bloomberg, "a lower-than-expected discount on last year's shipment." The price is valid on shipments to Indian Potash until January 2014, the report adds.   BPC agreed recently to sell 1.0 million m.t...

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