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Canpotex Signs Deal with Korean Firm

1:55 AM MDT | November 2, 2010 | Deepti Ramesh

Canpotex, a potash export cartel, says it has signed a new five-year agreement to supply Unid (Seoul) with up to 2.2 million m.t. of potash. The agreement is for the period January 1, 2011 to December 31, 2015, and Canpotex will supply a minimum of 400,000 m.t. of potash each year. Pricing will be at competitive rates based on market conditions in Korea, Canpotex says. Unid is leading manufacturer of potassium-based...

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