Uralkali inks long-term supply deals with Russia ferts companies

09 January 2013 16:27  [Source: ICIS news]

LONDON (ICIS)--Russian Russian potash (MOP) producer Uralkali has signed long-term supply agreements with seven fertilizer producers in the country, the company said on Wednesday.

Uralkali has agreed deals with Acron Group, Uralchem Group, Eurochem Group, PhosAgro Group, JSC Minudobreniya, Gazprom Neftekhim Salavat, and ARVI NPK.

The contracts – which run from 2013 to the end of 2017 – agree the supply of 10m tonnes of potassium chloride, the company added.

Prices for the first quarter of 2013 have been set at Russian rubles (Rb) 10,252 (€259, $338) per tonne, although producers buying over 30,000 tonnes/year of potash with more than three years of contracts concluded with Uralkali will receive a discount of $27 per tonne for all volumes purchased during the year, the company added.

($1 = €0.76, Rb30.30)
(€1 = Rb39.64)

By: Tom Brown
+44 208 652 3214

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