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China Pays More in New Potash Deal with Russia, Belarus

Investing News Network
Jun. 29, 2011 03:52PM PST
Potash Investing

Reuters reported that Chinese fertilizer importers are paying higher prices for potash from Russia and Belarus.

Reuters reported that Chinese fertilizer importers are paying higher prices for potash from Russia and Belarus.

The market news is quoted as saying:

“The latest contract with Chinese importers will be a new price benchmark which will undoubtedly influence both spot prices and long-term contract prices,” BPC Chief Executive Vladimir Nikolayenko was quoted as saying in a statement.

To read the full market news, click here.

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