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From the industry confirmed recently with K giant Chinese importers - Belarus Potash Company BPC imports of potassium chloride in 2011 signed a contract, the pricing mechanism for a transfer from the previous year to six months for a tune. The contract price was 400 U.S. dollars / ton (CFR), or 14%; the second half of the price Jiangzai proposal. By convention, other international potash giants will follow the contract price of BPC signed a contract with the Chinese importers.
The good news related stocks, fertilizer prices generally lagged farm prices, while the potash industry monopoly prices even more behind the decision. Taking into account the global potash supply by 2011 will be more tense, and the agricultural background of stable at a high level, the international potash prices jumped inevitable. Considering the domestic and international potash monopoly pricing mechanisms and factors such as sea freight fell, the Chinese signed a contract price of imports is lower than other markets is also reasonable. But the pricing mechanism for half a year to a tune of a tune is worth noting that the international prices will quickly transfer to the country. (Valley Cream)
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