BPC and IPL sign annual potash contract
04 November 2019
Belarusian Potash Company (BPC), together with its long-term strategic Indian partner, IPL have successfully reached an agreement. The result of negotiations was the settlement of a contract implying the supply of potash fertilizers to the Indian market at $280/mt cfr with 180 days’ credit.
It will help to increase the demand of Indian farmers and it also confirms the common commitment of BPC and IPL to harmonious and sustainable development of the industry.
The settled price not only reflects the current situation but creates opportunities for the activation of fertilizer business in all key regions. BPC expresses gratitude to its Indian partners and notes that on the basis of this agreement, there is a high level of mutual trust and respect.