Belarusian Potash Co. and China Chemical Construction Corp., a subsidiary of CNOOC, jointly announced Nov. 24 that they had signed a new memorandum of cooperation for the next three years. The memorandum provides for the supply of 1.5 million mt of potash to China from 2017 to 2019. The price and volumes to be supplied in 2017 will be negotiated as a part of the regular annual potash contract negotiations that BPC says haven’t begun yet. The two parties signed their first memorandum in December 2013.
Transparency Across the Fertilizer Value-Chain