OREANDA-NEWS. July 4, 2011. Belarusian Potash Company (BPC, joint venture trader of Uralkali and Belaruskali, and the world leader in export sales of potash fertiliser) has informed Uralkali (LSE: URKA) that it has agreed a contract with major Chinese fertiliser importers Sinochem and CNAMPGC on MOP deliveries in 2H 2011.

Major contract parameters:

Price for metric tonne

USD 470 (on a CFR basis)

Supply volume

500,000 tonnes firm and 200,000 tonnes of mutual optional quantities

Contract period

July 01 – December 31, 2011