Russia's Uralkali agrees H1 supply contract with China
MOSCOW Jan 20 (Reuters) - Russia's Uralkali has agreed to sell 700,000 tonnes of potash to Chinese importers at a price of $305 per tonne on a cost and freight (CFR) basis in the first half of 2014, a source familiar with discussions told Reuters.
Uralkali, the world's largest potash producer, confirmed the price and the volume of the deal in a statement later on Monday.
The company supplied potash, the crop nutrient, at a price of $400 a tonne on a CFR basis to China in the previous contract which ran until mid-2013.
- Qatar will not host World Cup: FIFA official
- Exclusive: Iran seeks give and take on Islamic State militants, nuclear program
- New Jersey man attacked and killed by black bear, police say
- Alibaba IPO ranks as world's biggest after additional shares sold
- Islamic State tells followers to attack U.S., French citizens: website