SQM will benefit from capacity expansions at its attractive low-cost lithium assets.
On Sept. 17, the Belarusian Telegraph Agency reported that Belarus Potash Co., or BPC, agreed to sell potash to China at $290 per metric ton during the 2018-19 potash year through June 2019. The agreement represents a $60 per metric ton increase over 2017-18 potash contract prices. Last month, BPC agreed to the same $290 per metric ton price with India. The market reacted favorably to the latest news, sending potash producer shares up 3%-5% at the time of writing.We continue to forecast that po...
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