ICL Continues to Solidify its Business Platform in India

ICL (TLV:ICL) announced it has signed additional potash supply agreements with customers in India.

The press release is quoted as saying:

All new contracts stipulate a price of $490 per ton, or $120 per ton higher than the price prevailing in previous agreements with these customers, and a supply period of eight months beginning in August 2011 and ending on March 31, 2012.

To read the full press release, click here.