Mining Weekly reported that Canpotex appears to have reached an agreement over potash supply to India.

The market news is quoted as saying:

Agrium CEO Mike Wilson on Wednesday said that Canpotex, the marketing cartel for Canada’s three biggest producers of the crop nutrient, had struck a deal to supply India with potash at $470/t for the fourth quarter of this year, similar to the pricing level it agreed to with China last month.

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