Belarussian Potash Thinks Potash Market on Way up

Mining Weekly reported that Belarussian Potash expects that potash market will ramp up this year and plans to raise premium prices in line with market expectations.

As quoted in the market report:

BPC, whose prices help set a benchmark for the crop nutrient’s market, raised its spot price for Brazilian buyers by $15/t to $465/t last month after cutting the price in January for Chinese importers to $400/t from $470/t and signing a deal with Indian buyers at $427/t in early February.

To view the whole Mining Weekly report, click here.