Uralkali Won’t Increase Potash Prices in Q1

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.