# Friday’s Insider: Why potash trading is not a cartel anymore — Fertilizer Daily

> Uralkali agreed a potash price with Chinese buyers at $273 per tonne CFR, down from $307, while other producers still ship to China and India at reserve prices. The article traces how potash trading moved away from a producer cartel after sanctions on Belarus and Russia's invasion of Ukraine.

- Date: 2024-07-12 · published 2024-07-12T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/29629-friday-s-insider-why-potash-trading-is-not-a-cartel-anymore-fertilizer-daily
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

The lower benchmark signals weaker potash pricing for producers not on the contract, pressuring global fertilizer prices. Fragmented sales add pricing uncertainty for importers in China and India.

## Read by commodity

- POTASH: bearish ▼

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20240712-fridays-insider-why-potash-trading-is-not-a-cartel-anymore/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.