date:Apr 02, 2014
India has agreed to buy potash from Russia's Uralkali at the lowest price in seven years and about 25 percent less than last year's level, Russian company said on Tuesday.
The bargaining power of buyers has increased since Uralkali, the world's largest potash producer, broke away in July from a sales alliance with Belarus - Belarusian Potash Company - with global potash prices falling more than 20 percent.
We hope that the contract will help stimulate potash application rates in India, and sup