Canpotex signs China potash supply contracts at higher price

JULY 21, 2017 / 9:23 AM

REUTERS

Canpotex signs China potash supply contracts at higher price

 

WINNIPEG, Manitoba (Reuters) – Canpotex Ltd, the offshore sales agency for North America’s biggest producers of potash fertilizer, said on Friday that it signed supply contracts with Chinese customers for shipments of 1.4 million tonnes through 2017.

Canpotex, owned by Potash Corp of Saskatchewan (POT.TO), Mosaic Co (MOS.N) and Agrium Inc (AGU.TO), said the deals represent a price increase of $11 per tonne from last year’s agreement.

Reporting by Rod Nickel in Winnipeg, Manitoba

About prosperitysaskatchewan

Consultant on Saskatchewan's natural resources.

Posted on July 24, 2017, in economic impact, political, potash. Bookmark the permalink. Leave a comment.

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