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ICL signs a contract to supply 410,000 metric tonnes of Potash in India

Christian Fernsby ▼ | May 21, 2020
ICL Group announced that it has signed a contract with Indian Potash Limited (IPL), India’s largest importer of potash, to supply an aggregate 410,000 metric tons of potash, with mutual options for an additional 30,000 metric tons, to be supplied through December 2020.
Indian Potash Limited
ICL   Indian Potash Limited
The selling price stipulated in the contract is $50 per tonne below the previous contract and are in line with the recent contract prices in India.

Topics: India

The contract is part of the five-year supply agreements signed in 2018 between ICL and IPL.