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.
Read the article online at: https://www.worldfertilizer.com/potash/11052020/icl-agrees-potash-supply-contracts-with-chinese-customers/
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