After being practically absent from the Indian market for two years, the Russian firm has signed a three-year supply contract with IPL.
Belarusian Potash Corp Mining News
Uralkali’s potash goes on sale, India to pay lowest price in 7 years
The price is also about 25% below what India paid last year to the now defunct Belarusian Potash Co., which Uralkali owned jointly at the time with Belaruskali.
Uralkali will sell potash to China at a 24% discount on last year's price
The world's biggest potash producer will sell 700,000 tonnes to China for $305 per tonne in the first half of 2014.