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ICL agrees potash supply contracts with Chinese customers

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World Fertilizer,

ICL has announced that it has signed several contracts with its customers in China to supply an aggregate 910 000 t of potash, with mutual options for an additional 490 000 t, by the end of 2020.
The selling prices stipulated in the contracts are US$70/t below the previous contracts and are in line with the recent contract prices in China. The contracts are part of the three-year framework agreement signed in 2018 between ICL and its Chinese customers.

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