# Uralkali comments on potash agreement between Belarus and China | World Fertilizer

> Uralkali said the commercial terms of the potash supply contract signed by the Belarusian Potash Company with a Chinese consortium do not reflect current market conditions or outlook. The company warned that contracts at BPC's price would discourage investment and eventually cause a potassium chloride shortage, and said it would consider whether to accept the price.

- Date: 2020-05-06 · published 2020-05-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/53464-uralkali-comments-on-potash-agreement-between-belarus-and-china-world-fertilizer
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

The $220/t Chinese benchmark is seen as setting a low floor for global potash contracts, which pressures fertilizer prices and farm input costs. Uralkali's refusal to follow it raises the risk of a price split in the market.

## Read by commodity

- POTASH: bearish ▼

## Sources

- worldfertilizer.com: https://worldfertilizer.com/potash/06052020/uralkali-comments-on-potash-agreement-between-belarus-and-china/

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