# Russia's Uralkali to redirect potash sales from Asia: Interfax

> Uralkali has agreed only minor potash volumes to China at $290 per tonne and does not plan to sign its usual larger annual contract at that price, as it considers the level too low. The company plans to redirect sales away from Asia, according to Interfax.

- Date: 2018-12-03 · published 2018-12-03T12:00:00.000Z
- Category: trade · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/61871-russia-s-uralkali-to-redirect-potash-sales-from-asia-interfax
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Holding back volume from the Chinese contract tightens near-term potash supply and signals resistance to low prices, which supports potash values.

## Read by commodity

- POTASH: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/article/business/russias-uralkali-to-redirect-potash-sales-from-asia-interfax-idUSKBN1O20O2/

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