Uralkali Trading has concluded a contract with Indian Potash Ltd. (IPL), the major Indian importer of fertilizers, for potash deliveries between August 2017 and June 2018. Uralkali said the contract delivery price for potash has been set as per the market level.
IPL was later quoted as saying the price was 6 percent over the year-ago $227/mt CFR or $240/mt CFR.