K+S AG : Canpotex settles with Indian importer at $ 590/t (was $ 445/t) - reasonable, in-line with recent market speculations but above our $ 500/t
>Canpotex settles with Indian IPL at $ 590/t - Canpotex, the offshore marketing JV of Nutrien/Mosaic, has agreed to a potash supply contract with Indian Potash Limited (IPL) for potash shipments through to 31 December 2022, at a price of $ 590/t cfr, up considerably compared with the Q4 2021-renegotiated price level of $ 445/t for some remaining shipment volumes from contracts signed initially at $ 280/t in spring 2021.In-line with most recent $ 575-600/t...K+S is engaged in the chemical sector. Co. has three business segments. The Potash and Magnesium Products segment combines the production and marketing of potash fertilizers and fertilizer specialities as well as potash and magnesium compounds for technical, industrial and pharmaceutical applications. The Salt segment encompasses the production and marketing of food grade salt, industrial salt and salt for chemical use, de-icing salt and sodium chloride brine. The Complementary Activities segment bundles together recycling activities and waste disposal or reutilisation in potash and rock salt mines as well as catsan® granulation.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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