# Canpotex aims for 'material' potash price bump from China - Grainews

> Canpotex, the Saskatchewan potash exporter, is pressing Chinese buyers for a material price increase in their annual supply contract. CEO Ken Seitz said global prices have rebounded modestly from multi-year lows, and BMO expects only about $5 per tonne increases.

- Date: 2017-04-12 · published 2017-04-12T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/71431-canpotex-aims-for-material-potash-price-bump-from-china-grainews
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A higher China potash contract price would support the international benchmark, though analysts expect smaller gains than Canpotex seeks, limiting the upside.

## Read by commodity

- POTASH: bullish ▲

## Sources

- grainews.ca: https://www.grainews.ca/daily/canpotex-aims-for-material-potash-price-bump-from-china/

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