Uralkali Announcement

Uralkali Announcement

Uralkali (the Company; Moscow Exchange: URKA), one of the world’s leading potash producers, provides the following comment on the conclusion of a long-term contract between Belarusian Potash Company (BPC) and IPL, India’s largest importer of mineral fertilizers.

 

Alexander Terletskiy, Uralkali Trading CEO, commented:

 

Considering the positive market conditions demonstrated in the second half of 2020 and early 2021, as well as the continuous growth in demand for potassium chloride in the main consumer markets this year, Uralkali believes that the price of the contract signed with India is not in line with the current market trends, and does not meet the interests of leading producers of potash fertilizers.

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