May 23, 2011 / 8:01 AM / 6 years ago

RPT-Belarus Potash to raise Brazil spot price

(Repeats to additional subscribers)

MINSK, May 23 (Reuters) - Belarussian Potash Company (BPC), a major global fertilizer supplier, said on Monday it would raise the spot price for its fertilizers marketed in Brazil to $550 per tonne in July from the $520 per tonne.

BPC, a joint venture between Belarussian state firm Belaruskali and Russia's Uralkali URKAq.L, said the move reflected higher global demand for potassium-based fertilizers and limited stocks. (Reporting by Andrei Makhovsky; Writing by Olzhas Auyezov; Editing by Lidia Kelly)

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