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