# India's Potash Fertilizer Contract Raises Prices, Superimposed On Rising Freight Costs, Southeast Asia Potash Fertilizer Has Another Opportunity News - Leixin Chemicals

> India signed a potash supply contract with ICL for 600,000 tons through December 2021 at US$280/ton CIF, up US$50 from the prior level. The earlier Belarusian Potash Co. contract with India was also renewed in April at US$280/ton, up from US$247/ton in January.

- Date: 2021-05-16 · published 2021-05-16T12:00:00.000Z
- Category: market · region India · magnitude medium
- Page: https://feedsoft.ai/events/47419-india-s-potash-fertilizer-contract-raises-prices-superimposed-on-rising-freight
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher potash contract prices and rising ocean freight raise fertilizer costs for farmers and feed grain producers, supporting crop input inflation.

## Read by commodity

- POTASH: bullish ▲
- OCEANFRT: bullish ▲

## Sources

- sxleixinchem.com: https://www.sxleixinchem.com/news/india-s-potash-fertilizer-contract-raises-pric-45736855.html

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