Israel Chemicals signs 835,000 tonnes potash contract with Indian customers

By James Sean Dickson
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....

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