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Belarusian Potash Company (BPC) raised its 2021 potash supply contract price with Indian Potash Ltd by 13% to $280 per tonne CFR, up from $247. The 800,000-tonne annual contract was signed in January and renegotiated in April.
A higher benchmark contract price with India, the largest importer, signals firmer potash pricing and a stronger outlook for producers.
reuters.comApr 5, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
