# Did Uralkali cut the price to retain the customer?

> Uralkali Trading signed a potassium chloride supply contract with Indian Potash covering October 2019 to March 31, 2020. The price is $280 per tonne, $10 below the previous year's contract. Last year's India and China contracts were priced at $290.

- Date: 2019-10-29 · published 2019-10-29T12:00:00.000Z
- Category: trade · region India · magnitude low
- Page: https://feedsoft.ai/events/56915-did-uralkali-cut-the-price-to-retain-the-customer
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

India's contract is a key benchmark, so a $10 cut signals softer potash pricing for Asian buyers. The lower reference level may pressure other potash prices in the near term.

## Read by commodity

- POTASH: bearish ▼

## Sources

- fertilizerdaily.com: https://www.fertilizerdaily.com/20191029-did-uralkali-cut-the-price-to-retain-the-customer/

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