OREANDA-NEWS. May 10, 2012. CJSC Belarusian Potash Company has announced a move to raise the price of potash fertilizer supplies to Brazil from USD 520 to USD 550 per tonne, BPC spokesman Filipp Gritskov told reporters.

The new price applies to the cargo of granulated potassium chloride to be supplied to Brazil on CFR terms in the second half of May, the spokesman informed.

Established in April 2005, Joint Stock Company “Belarusian Potash Company” (BPC) the sole exporter of potassium fertilizers produced by Belaruskali and Uralkali.

The BPC shareholding structure includes Belaruskali with 45%, Belarusian Railways (5%) and Russia’s Uralkali with 50%.

At the moment, BPC controls 42% of the world’s potash fertilizer market.