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    market news

    Uralkali Won’t Increase Potash Prices in Q1

    Investing News Network
    Dec. 07, 2011 01:05PM PST
    Potash Investing

    Reuters reported that Uralkali (LSE:URKA) says it doesn’t plan to hike potash prices in the next quarter.

    Reuters reported that Uralkali (LSE:URKA) says it doesn’t plan to hike potash prices in the next quarter.

    As quoted in the market news:

    The company said its main trading company sold potash at a spot price of $535 per tonne CFR to southeast Asia in August, well above its nine-month average export FCA price at the mine of $342 per tonne. Uralkali said freight costs typically add $80-$100 to the per tonne price.

    Click here to read the full Reuters report.

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