# Belarusian Potash Company signs potash supply contract with Chinese consortium | World Fertilizer

> The Belarusian Potash Company signed a potash supply contract at US$220/t with a consortium of Chinese firms including Sinochem, CNAMPGC and CNOOC. BPC accounts for about 20% of global potash exports, and China and India annual contracts set the global benchmark.

- Date: 2020-05-01 · published 2020-05-01T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/53465-belarusian-potash-company-signs-potash-supply-contract-with-chinese-consortium
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A China contract at $220/t, below India's earlier $280/t, sets a lower global potash price benchmark. This is bearish for potash and for fertilizer costs facing farmers.

## Read by commodity

- POTASH: bearish ▼

## Sources

- worldfertilizer.com: https://www.worldfertilizer.com/potash/01052020/belarus-signs-potash-supply-contract-with-china/

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