2023 Indian Potassium Fertilizer Contract Finalized

On the morning of April 5, 2023, the official news of the final signing of the Indian potassium chloride contract came from the international community. It is understood that India has signed new large contracts with Canada and Russia, both of which are priced at $422 per ton (CIF, 180 day letter of credit), a decrease of $168 per ton compared to the price of the 2022 large contract. The shipping schedule of the large contract signed with Canadian Potash Company Canpotex is until September 30, 2023, and the shipping schedule of Ural Potash Company has not been mentioned in relevant reports. From April to September, it is exactly half a year, so there may be a possibility of further signing of the large contract signed by India this time. We need to continue to pay attention to the trend of international potassium fertilizer prices and the signing of the large contract in China

Compound Fertilizer, Monoammonium Phosphate, Nitrogen Fertilizer, Phosphate Fertilizer, Potassium Chloride, Potassium Fertilizer, Potassium Sulfate