Arab Potash Co. (APC) and Indian Potash Ltd. (IPL) have agreed a new contract for the supply of potash from Jordan to India for the period from May to December 2020.
APC has said the terms and conditions are in line with contracts in place in the Indian market.
Last month Uralkali signed a supply contract with IPL with a price set at US$230/t. Israel's ICL Group also signed a supply contract with IPL in May.