Agrium : Canpotex signs China potash supply contracts at higher price
July 21, 2017 at 11:20 am EDT
WINNIPEG, Manitoba (Reuters) - Canpotex Ltd, the offshore sales agency for North America's biggest producers of potash fertilizer, said on Friday that it signed supply contracts with Chinese customers for shipments of 1.4 million tonnes through 2017.
Canpotex, owned by Potash Corp of Saskatchewan (>> Potash Corporation of Saskatchewan Inc), Mosaic Co (>> Mosaic Co) and Agrium Inc (>> Agrium Inc.), said the deals represent a price increase of $11 per tonne from last year's agreement.
(Reporting by Rod Nickel in Winnipeg, Manitoba)