CRU Group has cancelled the Phosphates 2020 event, which was due to be held in Paris, France, from 8 - 10 March, due to the evolving global situation of Covid-19.
A statement on the event's website said that "whilst there are currently no travel restrictions for Paris, increasing travel restrictions in other parts of the world and corporate travel restrictions make the event an increasingly difficult proposition for international attendees. We have not taken this decision lightly, but the health and well-being of our clients and colleagues remains paramount."
Read the article online at: https://www.worldfertilizer.com/phosphates/04032020/phosphates-2020-cancelled-in-response-to-covid-19-situation/
The offtake agreement is for 500 000 tpy of potash, while the marketing agreement is to sell Brazil Potash's remaining 1.9 million tpy of potash. The barge transportation agreement is to ship the initial planned 2.4 million tpy of potash of production to inland ports within Brazil.