Belarusian Potash Co. has finalized a deal with India’s Indian Potash Ltd. to supply 1 million tm of potash to the country between February 2013-January 2014, according to the Belarusian press. The price was reported to be $427/mt CFR. Recent business to China was $400/mt CFR, however, India normally pays a higher rate, with sources noting a freight differential.
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