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 committed to contributing to global food security in India,” said Gordon McKenzie, Canpotex President and CEO. “This contract provides a reliable supply of potash to our valued customer, IPL, and highlights Canpotex’s important role in supporting growing potash needs in India.”