Canpotex Signs Potash Supply Contracts with Chinese customers
Canpotex, a short for Canadian Potash Exporters confirmed that it has signed new potash supply contracts with its Chinese customers for shipments of 1.4 million metric tonnes (MT) through to the end of 2017.
Settlement prices represent an $11/MT increase over 2016 prices.
“We are pleased to finalise supply contracts with our diversified customer base in China. We continue to see strong global demand for potash, and we look forward to continuing to support China’s growing potash needs,” said Ken Seitz, president and CEO of Canpotex.
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