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Belarusian Potash Company signed a contract with a Chinese consortium of Sinochem, CNAMPGC and CNOOC at $247 per ton for potassium chloride, covering deliveries through December 31. BPC described it as a step toward stabilizing the world potash market.
The China contract confirms a $247 benchmark for 2021 potash, which tightens the view of fertilizer costs despite pushback from other producers.
fertilizerdaily.comFeb 12, 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.
