Potash Producers Rejoice — China Likely to Pay More for it This Year
SOURCE: [Mining.com] – China, the largest potash consumer, is likely to pay more for the fertilizer this year as talks with Russian provider Uralkali, which wants to lift annual 2015 contract prices by about 10%, are proving to be particularly difficult this year.
While Uralkali, the world’s biggest potash miner, and other top producers such as North America’s Canpotex consortium are aiming for a price hike, Chinese importers continue to press for a discount.
An annual deal usually settled in January or February is yet to be signed in mid-March, which has triggered “widespread speculation
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Source: http://www.goldeditor.com/potash-producers-rejoice-china-likely-to-pay-more-for-it-this-year/
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