OREANDA-NEWS. On 05 August 2008 was announced, that JSC "Uralkali" reached agreement with domestic customers - producers of complex fertilizers "Eurochem" and "Phosagro" - to hold price of potassium chloride at 3500 RUR per ton (FCA) till the end of 2008 for the production of complex fertilizers for domestic agricultural producers.

For all the direct supplies of potassium chloride for Russian agricultural producers Uralkali will hold the price at 3000 RUR per ton (FCA, including package), and there are currently no plans to raise this price.

The price for potassium chloride for the production of exportable complex fertilizers will be based on the formula as agreed between Uralkali and the Federal Antimonopoly Service of the Russian Federation. This formula links domestic prices to certain minimum export market price (currently - FOB China), while adjusting for certain export costs.