Deduk: Uralkali’s pullout from BPC was a preplanned move which led to chaos in potash market

        Uralkali’s pullout from Belarusian Potash Company (BPC) was a preplanned move which led to chaos in the global potash market, acting Deputy Director General of Belarusian Potash Company Konstantin Deduk said in an interview to Belarus 1 TV channel.
       According to him, Belarusian Potash Company was created to increase the value of exports of potash fertilizers. In other words, both companies (Belaruskali and Uralkali) were supposed to sell goods entirely through BPC. Belaruskali has complied with its obligations fully. Uralkali, unfortunately, just in part. In 2010-2011, Uralkali ramped up sales of potash fertilizers through another network, namely Uralkali Trading. “In fact, Uralkali’s employees were appointed to all key positions at BPC. Therefore, all information from the regional offices of the company, which also employed Uralkali’s specialists, went to deputy director general for sales, financial director, i.e. Russian specialists. They, in turn, could analyze it and release in portions. Now these people are facing criminal charges,” said Konstantin Deduk.