Page 14 - Indian Potash News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Reuters Staff (Adds details, quotes, context) MOSCOW, April 5 (Reuters) - Belarus’s potash monopoly has raised prices by 13% in a potash supply contract with India signed earlier this year, the Belarus Potash Company (BPC) said on Monday, signalling a stronger outlook for potash producers. BPC, a trading arm of Belaruskali, the world’s largest producer of the crop nutrient, signed its annual potash supply contract for 800,000 tonnes with India’s largest importer of the product, Indian Potash Limited, in January. BPC renegotiated the contract price to $280 per tonne from the previous $247 a tonne on a cost and freight basis “within the framework of close partnership,” it said in a statement.

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