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Potash majors squabble as market weakness persists

Russian potash producer Uralkali has voiced concern once again that its former distributor, the Belarusian Potash Company (BPC), is selling its product too cheaply, a squabble that highlights the ongoing challenges facing the world’s largest fertiliser producers.

Uralkali's Ust-Yayvinsky mine in Russia's Perm region

Uralkali's Ust-Yayvinsky mine in Russia's Perm region

BPC said last week it had agreed a contract price of US$220/tonne with a consortium of Chinese buyers for potash to be supplied in 2020. The company said the price built "a firm foundation for the stabilization,...

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