BPC/China Potash Deal Reported

The Belarusian Potash Co. (BPC) has reached a potash supply agreement with Chinese companies, according to the BelTa news agency. The deal with Chinese customers Sinochem, CNAMPGC and CNOOC, is reported to be at $290/mt CFR, some $60/mt higher than the year-ago conclusion. It is also the same price that BPC inked with a major Indian buyer. The price is for product to be supplied until June 2019.