Tel Aviv-A Tel Aviv District Court has ordered Israel Chemical Ltd.’s Dead Sea Works to sell potash to Haifa Chemicals for $300/mt until a final decision has been made by an arbitrator, according to the Israeli press. The two companies went into arbitration earlier this summer after a dispute over prices (GM May 18). ICL had agreed to supply potash during arbitration; however, reports are it again stopped when it discovered that Haifa was lobbying for government control over potash prices. The arbitration is expected to strike a deal for potash pricing between the two companies for the next ten years.
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