Belarusian Potash Company signed a new contract
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Belarusian Potash Company (BPC) held negotiations with their strategic partner Indian Potash that resulted in the signing of a new annual contract for the supply of 800 thousand tons of potassium fertilizers to the Indian market.
According to the contract, the price of potassium fertilizers is set at $247 per ton (under CFR terms). In the previous contract, the price was set at $230 per ton.
Belarusian Potash Company is the exclusive exporter of potassium fertilizers produced by Belaruskali.
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It is alarming to see these developments in California. As a vineyard grower, I have faced significant challenges this year, with fertilizer costs rising sharply while market conditions have made it difficult to sell the harvest.
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