Canpotex has agreed to a potash supply contract with its long-term customer, Indian Potash Limited (IPL) for potash shipments through to December 31, 2022, at a price of US$590/MT on a CFR basis.

Canpotex is fully committed on volumes for potash sales through March 31, 2022. This is due to continued strong demand and solid fundamentals for agricultural commodities in key offshore markets. In addition, the focus on food security continues in a number of Canpotex’s markets.  

Canpotex is fully committed on volumes for potash sales to the end of 2021. This is due to continued strong demand and solid fundamentals for agricultural commodities in key offshore markets. In addition, the focus on food security continues in a number of Canpotex’s markets.  

September is Milk Month at the Saskatoon Food Bank & Learning Centre (SFBLC). All month long the SFBLC raises awareness and funds in support of its Milk for Children Program.

For the past five years Canpotex has stepped up to support this critical program by matching all public donations in the month of September up to $50,000. In the last year alone, the food bank provided 56,428 litres of fresh milk for children and pregnant and nursing women.

The Saskatoon Food Bank & Learning Centre (SFBLC) is aiming to raise $100,000 in the month of September to ensure a litre of fresh milk is provided for every child visiting the organization.

On Friday, August 13 it was announced that Canpotex is the recipient of the 2020 Canada’s Volunteer Awards, Regional Business Leader: Prairies. The award recognizes Canpotex’s commitment to the Saskatoon Food Bank and Learning Centre (SFBLC), where they have been an engaged partner since 2017. 

Canpotex is fully committed on volumes for potash sales into November 2021, due to continued strong demand and solid fundamentals for major agricultural commodities in key offshore markets. The focus on food security continues in a number of Canpotex’s markets.  

In celebration of Mother’s Day, Canpotex is making a $150,000 donation over 5-years to the Jim Pattison Children’s Hospital Foundation. We are proud to have our name displayed supporting a Nourishment Room within the Mosaic Maternal Care Centre at Jim Pattison Children’s Hospital, in recognition of our partnership.

Due to continued strong demand for potash in numerous key offshore markets, Canpotex is fully committed on volumes for potash sales into September 2021. This strong demand continues to be supported by solid fundamentals for several major agricultural commodities and a focus on food security in a number of Canpotex’s offshore markets.

Belarusian Potash Company yesterday announced it has agreed with a Buying Consortium to supply potash to China at a contract price of US$247/MT CFR, which would be a US$27/MT increase from previously-reported China contracts. As stated in our release when BPC announced it had concluded a contract for India, this price is significantly below current market levels for potash in key offshore markets.

Belarusian Potash Company has announced agreement to a new annual contract with Indian Potash Limited to supply 800,000 metric tons of potash to India at a price of US$247/MT CFR. This  would be significantly below current market levels for potash in key offshore markets and a complete disconnect from the strong fundamentals currently being seen for major agricultural commodities in numerous growing regions throughout the world.

Due to continued strong demand for potash in key offshore markets, Canpotex is fully committed on volumes for potash sales through Q1 2021. This strong demand continues to be supported by solid fundamentals for several major agricultural commodities in numerous growing regions. The fully committed position through Q1 2021 exists without new contract settlements in China or India. The focus on food security continues in a number of Canpotex’s offshore markets.

Due to continued strong demand for potash in key offshore markets, Canpotex is fully committed on volumes for potash sales for shipment into February 2021. This demand is being strongly supported by solid fundamentals for agricultural commodities in numerous growing regions. The focus on food security continues in a number of Canpotex’s offshore markets.

With the support of the public and Canpotex, the Saskatoon Food Bank & Learning Centre (SFBLC) raised the largest amount ever for their Milk for Children Program during Milk Month, totalling $133,511. This unprecedented level of support will provide 93,365 litres of milk to the community.

The SFBLC recognizes September as Milk Month each year. All month long, the Food Bank raises awareness and funds in support of its Milk for Children Program.

Due to continued strong demand for potash in key offshore markets, Canpotex is fully committed on volumes for potash sales for shipment through to December 31, 2020. This demand is being supported by solid fundamentals for agricultural commodities in numerous growing regions. The focus on food security continues in a number of Canpotex’s offshore markets.

September 1st marks the kick-off of Milk Month, a partnership between Canpotex and the Saskatoon Food Bank & Learning Centre. Throughout Milk Month Canpotex matches public donations made to the Food Bank with funding targeted towards their Milk for Children Program. 

Canpotex is fully committed on volumes for potash sales for shipment through October 2020. Despite the Covid-19 pandemic, strong demand for potash continues in our offshore markets. Demand is being supported by solid agricultural fundamentals and an increased focus on food security in a number of key markets.

Canpotex has joined the Business Council of Canada and its members in releasing the following statement:

The events of the past week have saddened and shaken us all. This is a time to recognize the pain felt by many, to show empathy and to care for one another.

As a result of recent potash contract settlements in China and India combined with continued solid demand for potash in our other offshore markets, Canpotex is fully committed on volumes for potash sales for shipment through July 2020. 

Canpotex confirms it has settled potash supply contracts with customers in India and China.