05 april 2021

BPC and IPL Agreed a New Price for Potash Deliveries to India

Within the framework of close partnership between BPC and India’s largest importer of mineral fertilizers IPL, a new contract price for potash deliveries to India of $280/t CFR was established on April 5, 2021.

This settlement marks another step towards harmonious and systematic development of both Indian and global potash markets.

It should be noted that this settlement was made possible thanks to the weighted approach to business and common aspiration towards balanced and sensible development of the potash market demonstrated by the parties to this agreement.

BPC extends gratitude to IPL, its strategic partner in India, and highly appreciates the level of mutual trust and respect tying together the companies all these years.

For reference:

JSC Belarusian Potash Company was established in 2013. It is an exclusive exporter of potash fertilizers produced by JSC Belaruskali. Over the past few years, the company has maintained a strong leadership in the global export of potash fertilizers. Over the years of its activity, BPC has delivered potash to nearly 140 countries.