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  4. ICL agrees potash supply contracts with Chinese customers

ICL agrees potash supply contracts with Chinese customers

 

Published by
 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.