# Belarusian Potash Company continues to drop market prices

> 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.

- Date: 2021-02-12 · published 2021-02-12T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/48970-belarusian-potash-company-continues-to-drop-market-prices
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

The China contract confirms a $247 benchmark for 2021 potash, which tightens the view of fertilizer costs despite pushback from other producers.

## Read by commodity

- POTASH: bullish ▲

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20210212-belarusian-potash-company-continues-to-drop-market-prices/

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