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New Chinese Potash Deal

Belarusian Potash, agent for Uralkali and Belaruskali, sold potash to two Chinese fertilizer importers at prices $70 a ton higher than in the first half, BPC chief executive Vladimir Nikolayenko said in a statement Wednesday.

The contract, for 500,000 tons and an option for 200,000 tons, priced the deliveries at $470 on a cost-and-freight basis. BPC said the contract was signed with Chinese state-owned oil and chemicals company Sinochem and CNAMPGC.

(Reuters)

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