# Israel Chemicals has followed Uralkali’s lead

> Israel Chemicals cut its potassium chloride price to Indian Potash by $10 per tonne under a five-year contract, covering shipments through March of the following year. The move follows a similar $10 per tonne reduction by Uralkali to the same buyer.

- Date: 2019-11-13 · published 2019-11-13T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/56387-israel-chemicals-has-followed-uralkali-s-lead
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Two major producers cutting prices to India's largest potash importer signals softer potash pricing into early 2020. Lower fertilizer input costs are bearish for fertilizer producers and modestly supportive for farm margins.

## Read by commodity

- POTASH: bearish ▼

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20191113-israel-chemicals-has-followed-uralkalis-lead/

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