# Canpotex Signs Potash Delivery Deals With China and India - E & MJ

> Canpotex signed potash contracts with China's buying committee and with Indian Potash Ltd for shipments through December 31, 2022, both at $590 per tonne CFR. The company said it was fully committed on volumes through March 31, 2022, citing strong demand from offshore markets.

- Date: 2022-02-22 · published 2022-02-22T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/43018-canpotex-signs-potash-delivery-deals-with-china-and-india-e-and-mj
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Fixed-price contracts with the two largest Asian buyers at $590 per tonne lock in a high price floor for the rest of 2022. Full commitment through March indicates limited spot availability and supports potash prices.

## Read by commodity

- POTASH: bullish ▲

## Sources

- e-mj.com: https://www.e-mj.com/departments/markets/canpotex-signs-potash-delivery-deals-with-china-and-india/

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