OREANDA-NEWS. Belarusian Potash Company (BPC), the joint venture trader of Uralkali (LSE: URKA) and Belaruskali and the world leader in export sales of potash fertiliser, has agreed a contract with Indian Potash Ltd (IPL), the major Indian fertiliser importer, on potash deliveries from February 2013 till January 2014.

The delivery price of potash fertiliser for India has been set at USD 427 per tonne on a CFR basis. BPC’s shipments under the contract with IPL will total 1 million tonnes of KCl.

Uralkali (www.uralkali.com) is one of the world’s largest potash producers with a market share of about 20%. The Company’s assets consist of 5 mines and 7 ore-treatment mills situated in the towns of Berezniki and Solikamsk (Perm Territory, Russia). Uralkali employs ca. 12,500 people (in the main production unit). Uralkali’s shares and GDRs are traded on the RTS-MICEX and LSE, respectively.