FARM BUSINESS NEWS
Uralkali Inks Potash Deal With China
Mon Jan 20, 2014 11:07 AM CST

MOSCOW (Dow Jones) -- Russian potash producer OAO Uralkali Monday signed a first-half sales deal with a Chinese agro-chemical consortium to sell the fertilizer additive potash for $305 a metric ton.

The contract to sell 700,000 tons to the Chinese National Agricultural Means of Production Group Corp. until the end of June indicates a possible end to the uncertainty in the potash market. Prices have fallen more than 25% from $400 a ton last summer, prompted by Uralkali leaving a trading partnership with Belarus and breaking an informal global pricing cartel.

"The contracts between Uralkali and the Chinese ...

Quick View
  • Crop Tech Corner Researchers have developed GE wheat that yields far better under hot conditions, a wheat gene is ...
  • The Attraction of Youth Combine genotyping with a yearling bull, or even a weanling, and you're less likely to make a poo...
  • Kubota Steps Up A new mid-range, high-horsepower M7 tractor moves this company into the row-crop arena.
  • Fines for Fringe Benefits A little-noticed rule in the Affordable Care Act could impose huge penalties on small business. I...
  • Clean Water Goes a Long Way Cleaning up 900 feet of a small creek in Kentucky brings rebirth to water once choked with sedime...
  • Beef Checkoff Effort Resumes Members of the eight organizations comprising the Beef Checkoff Enhancement Working Group were se...
  • Ag and Environment Outlook Agriculture continues to watch how the U.S. Environmental Protection Agency implements the propos...
  • Surgery on Plastics Dharma Kodali's goal is to insert soybean oil in the basic ingredient list for PVC plastics.
  • Ask the Vet How should I treat a cow with a swelling on her flank?
Related News Stories
DTN Fertilizer Outlook
DTN Retail Fertilizer Trends
Ethanol Outlook
Global Fertilizer Outlook - 9
DTN Retail Fertilizer Trends
DTN Retail Fertilizer Trends
Global Fertilizer Outlook - 8
Late-Winter Weather - 3