Israel Chemicals sells 550,000 tonnes of potash to Chinese customers

28 March 2012 16:36  [Source: ICIS news]

LONDON (ICIS)--Israel Chemicals Limited (ICL) has signed contracts with several Chinese customers to supply 550,000 tonnes of potash in the second quarter of 2012, the Israeli chemicals and fertilizer firm said on Wednesday.

ICL said the contracts include an option for an additional 120,000 tonnes of potash.

ICL did not disclose financial details of the contracts but said pricing was similar to previous deals signed with Chinese customers in the second half of 2011 .

In the second half of 2011, ICL supplied 500,000 tonnes of potash to Chinese buyers, at a price of $470/tonne (€353/tonne) cost and freight (CFR), according to ICIS.

($1 = €0.75)

 
By: Stefan Baumgarten
+1 713 525 2653



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly

ICIS news FREE TRIAL
Get access to breaking chemical news as it happens.
ICIS Global Petrochemical Index (IPEX)
ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index