Belarusian Potash Company and Indian Potash Limited (IPL), India's major importer of fertilizers, have set a new price for supplies of Belarusian potash fertilizers to the Indian market – $280 per tonne on CFR terms, BelTA learned from the press service of Belarusian Potash Company.
“This agreement is another step in the harmonic and steady development of the Indian and global potash markets,” the press service noted.
Belarusian Potash Company stressed that the parties reached this agreement thanks to their rational approach to doing business and commitment to ensure balanced development of the potash market.
“We would like to thank our strategic partner in India, the IPL company. We appreciate the level of long-standing mutual trust and respect between two companies,” the press service stressed.