Israel Chemicals signs 835,000 tonnes potash contract with Indian customers
Published: Monday, 22 June 2015
Indian fertiliser markets are bucking worldwide trends in industrial minerals markets, according to the agrimineral suppliers delivering to the continent. Demand and contract prices are rising in the country, though structural problems such as an inefficient subsidy scheme remain.
Tel Aviv-based Israel Chemicals Ltd (ICL)
has inked a contract with customers in India to supply 835,000
tonnes potash, including options.
Echoing other recent deals in the potash industry, ICL will
see the distributors pay $10/tonne more for the potash than the
equivalent contracts stipulated last year....