# Belarus’ current contract for potash fertilizer supply to China marks ‘price bottom’ – Uralkali chief

> Belarusian Potash Company cut its potassium chloride price for China by 24.1% to $220 per tonne for 2020, down from $290 under the 2019 contract. Uralkali's director general called $220 the effective price bottom and said Uralkali is negotiating with China and will sell a stockpile of several hundred thousand tonnes delivered in late 2019.

- Date: 2020-07-03 · published 2020-07-03T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/52436-belarus-current-contract-for-potash-fertilizer-supply-to-china-marks-price
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

The lower Chinese contract price sets a reference floor for global potash, and the unsold Russian stockpile could add near-term supply pressure. Buyers should expect potash prices to stay weak unless the bottom holds.

## Read by commodity

- POTASH: bearish ▼

## Sources

- primepress.by: https://primepress.by/news/ekonomika/belarus_current_contract_for_potash_fertilizer_supply_to_china_marks_price_bottom_uralkali_chief-22446/

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