Canpotex has agreed to a potash supply contract with its long-term customer, Indian Potash Limited (IPL) for potash shipments through to September 30, 2023, at a price of US$422/MT on a CFR basis.
“Canpotex has reliably supplied India with high-quality Canadian potash for over 50 years,” said Gordon McKenzie, Canpotex President and CEO. “We are committed to supporting India’s growing potash needs, and this contract will provide a reliable, stable supply of potash to our valued customer, IPL.”