Industrial Minerals


Uralkali will not cut potash prices for Indian markets

30 November 2011

by Alex Feytis

Group can’t offer discounts for individual markets while demand is high, CEO says

Keywords: Uralkali, potash, feriliser, IFFCO, BPC

Leading potash producer Uralkali will not consider reducing the price of its potash sold to India despite requests from Indian consumers following the rupee’s depreciation against the US dollar last week, according to press reports.

 

Concerned over rising import costs due to the falling rupee, Indian potash importers asked main potash players Belarusian Potash Company (BPC), Canada’s Canpotex and Russia's Uralkali...