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Belarus Potash Co. and Indian Potash Ltd renegotiated their January 2021 supply contract, setting the price at US$280/t CFR. The original one-year deal covered 800,000 tonnes at US$247/t.
The repriced India contract lifts the potash price floor for Asian buyers, supporting fertilizer costs for feed crops.
worldfertilizer.comNicholas WoodroofApr 8, 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.
