Indian Potash Limited

ICL Signs Contract to Supply 600,000 Metric Tons of Potash to India During 2021

Retrieved on: 
Monday, April 5, 2021
Agriculture, Natural Resources, Manufacturing, Mining, Minerals, Chemicals, Plastics, Sports leagues, Cricket, Sport in India, Sports, Indian Potash Limited, Potash, Indian Premier League

ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, announced today it has signed a contract with Indian Potash Limited (IPL), Indias largest importer of potash, to supply an aggregate 600,000 metric tons of potash with mutual options for an additional 50,000 metric tons to be supplied through December 2021.

Key Points: 
  • ICL (NYSE: ICL) (TASE: ICL), a leading global specialty minerals and specialty chemicals company, announced today it has signed a contract with Indian Potash Limited (IPL), Indias largest importer of potash, to supply an aggregate 600,000 metric tons of potash with mutual options for an additional 50,000 metric tons to be supplied through December 2021.
  • The agreed selling price in the contract is $280 per ton CIFFO Indian ports, $50 per tonne above the previous contract.
  • The contract is part of the five-year supply agreement signed in 2018 between ICL and IPL.
  • The contract we have signed in India, one of ICLs strategic markets, is part of the five-year supply agreement we signed in 2018 with IPL.

India and Belarusian Potash Price Agreement Not Reflective of Market Conditions

Retrieved on: 
Saturday, January 30, 2021
Public policy, Government, Other Government, Agriculture, Natural Resources, Chemistry, Physical sciences, Natural sciences, Canpotex, Potash, Nutrien, Indian Potash Limited, Fertilizer, Potassium, PotashCorp

Nutrien Ltd. (TSX and NYSE: NTR), the worlds largest full-service producer of crop inputs and services and largest potash producer, announced today that it is fully aligned with Canpotexs view that the new price announced between Indian Potash Limited (IPL) and Belarusian Potash Company (BPC) is significantly below market price levels for potash in key offshore markets.

Key Points: 
  • Nutrien Ltd. (TSX and NYSE: NTR), the worlds largest full-service producer of crop inputs and services and largest potash producer, announced today that it is fully aligned with Canpotexs view that the new price announced between Indian Potash Limited (IPL) and Belarusian Potash Company (BPC) is significantly below market price levels for potash in key offshore markets.
  • We understand that the Potash agreement with India was settled at the highest government level with limited commercial involvement, said Ken Seitz, Executive Vice President and CEO, Nutrien Potash.
  • This contract price in no way reflects the market-based pricing in the current key offshore potash markets which, like other fertilizers, is being supported by strong global crop fundamentals.
  • Nutrien wholly supports Canpotexs position to not follow this price level for potential sales into India in 2021.

Global Potassium Chloride Market Outlook and Forecast to 2029 (with COVID-19 Impact Estimation): Presents Optimistic, Pessimistic and Middling Market Development Scenarios - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 2, 2020
Health, Pharmaceutical, Chemistry, Physical sciences, Chemical elements, Dietary minerals, Fertilizers, Potash, Mop, Potassium, Indian Potash Limited

The "Potassium Chloride (MOP, Muriate of Potash): 2020 World Market Outlook and Forecast up to 2029 (with COVID-19 Impact Estimation)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Potassium Chloride (MOP, Muriate of Potash): 2020 World Market Outlook and Forecast up to 2029 (with COVID-19 Impact Estimation)" report has been added to ResearchAndMarkets.com's offering.
  • The report covers data on global, regional and national markets including present and future trends for supply and demand, prices, and downstream industries.
  • In addition to the analytical part, the report provides a range of tables and figures which all together give a true insight into the national, regional and global potassium chloride (MOP, muriate of potash) markets.
  • The report covers global and regional markets of potassium chloride (MOP, muriate of potash)
    Comprehensive data showing potassium chloride (MOP, muriate of potash) capacities, production, demand, and prices in the recent years are provided
    Region market overview covers the following: production of potassium chloride (MOP, muriate of potash) in a region/country, demand trends, price data, trade in the recent year and manufacturers
    Potassium chloride (MOP, muriate of potash) market forecast for next ten years, including market volumes and prices is also provided
    View source version on businesswire.com: https://www.businesswire.com/news/home/20200702005369/en/