Canpotex concludes new potash supply contracts with Chinese customers


Canpotex confirms it has concluded new potash supply contracts with its Chinese customers for shipments of 1.4 million MT through to the end of 2017. Settlement prices represent an US$11/MT increase over 2016 prices.

“We are pleased to finalize supply contracts with our diversified customer base in China,” said Ken Seitz, President and CEO of Canpotex. “We continue to see strong global demand for potash, and we look forward to continuing to support China’s growing potash needs."