Canpotex Limited agreement with Sinochem Fertilizer in supplying 700,000 metric tonne potash

Canpotex signs China potash agreement with Sinofert

9:47 AM, 27th January 2014
Canpotex Limited, Sinochem Fertilizer Macao Commerical Offshore Ltd  business news

SASKATCHEWAN, CANADA: Canpotex Limited has reached agreement with Sinochem Fertilizer Macao Commerical Offshore Ltd (Sinofert) for the supply of 700,000 metric tonne of potash to China during the first half of 2014. This new contract is priced at current and competitive market levels.

“This agreement demonstrates the continued importance Canpotex places on the Chinese market. We are very pleased to sign a supply contract with our long-term Chinese customer, and to continue our history of being a leading supplier to this important market. We look forward to meeting China’s future growing potash needs in collaboration with our Chinese partner,” said Steven Dechka, President and Chief Executive Officer, Canpotex.


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