# Belarus scores potash contract with Chinese consortium - MINING.COM

> Belarusian potash marketer BPC signed a supply contract with a Chinese consortium led by Sinochem's fertilizer arm at $220 per tonne, down $70 from the previous contract. Potash stockpiles are at record highs, and analysts expect spot prices to respond later in 2020.

- Date: 2020-04-30 · published 2020-04-30T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/53561-belarus-scores-potash-contract-with-chinese-consortium-mining-com
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

The lower benchmark contract price sets a new floor for potash, which signals weak fertilizer costs for crop producers while stockpiles clear.

## Read by commodity

- POTASH: bearish ▼

## Sources

- mining.com: https://www.mining.com/belarus-scores-potash-contract-with-chinese-consortium/

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