Potash Supply to Improve, Imports May Commence from Sept: Govt

MSN India reported that India’s government is assured that potash supply to the country will improve on a long-term supply deal.

The market news is quoted as saying:

India could not import MoP earlier because major global suppliers like Canpotex refused to sell the farm nutrient at the lower price of USD 470 a tonne, as settled with China. The deadlock, however, ended when India agreed to buy the MoP at USD 530 a tonne, at least during the fourth quarter this fiscal.

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