# The race is on as China and India potash contract talks pick up the pace :: Content :: Tập đoàn Hoá chất Việt Nam (Vinachem)

> China and India are accelerating long-term potash contract talks, with producers targeting about $300/tonne CFR for both. Belarus Potash offered $292 to China while buyers countered at $242, and India may have less than two and a half months of supply left.

- Date: 2018-06-20 · published 2018-06-20T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/64455-the-race-is-on-as-china-and-india-potash-contract-talks-pick-up-the-pace
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Settlement near $300 CFR would raise potash costs by $60-70/tonne over last year's contracts, a bullish signal for fertilizer prices as tight supply meets low inventories.

## Read by commodity

- POTASH: bullish ▲

## Sources

- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/the-race-is-on-as-china-and-india-potash-contract-talks-pick-up-the-pace_20180622042446.html
- vinachem.com.vn: https://www.vinachem.com.vn/articles/market-and-product-vnc/the-race-is-on-as-china-and-india-potash-contract-talks-pick-up-the-pace.html

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