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Uralkali to Decide Benchmark Prices of International Potash on the Basis of Indian Market
Sep. 26, 2011 07:00PM PST
Potash InvestingThe Economic Times reported that Uralkali (LON:URKA) is basing its benchmark potash prices on the Indian market.
The Economic Times reported that Uralkali (LON:URKA) is basing its benchmark potash prices on the Indian market.
The market news is quoted as saying:
“India consumes a lot of potash and it does not have domestic production and this makes sense for us to have Indian market as benchmark for potash prices,”Uralkali CEO Vladislav Baumgertner told reporters, here.
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