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Verde AgriTech Ltd. T.NPK

Alternate Symbol(s):  VNPKF

Chemicals Basic Materials
Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Verde AgriTech Ltd.
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Post by 15Stanmoreon Jan 12, 2021 10:37am
255 Views
Post# 32275373

Canpotex is fully committed to March 31 2021

Canpotex is fully committed to March 31 2021
January 12, 2021

Due to continued strong demand for potash in key offshore markets, Canpotex is fully committed on volumes for potash sales through Q1 2021. This strong demand continues to be supported by solid fundamentals for several major agricultural commodities in numerous growing regions. The fully committed position through Q1 2021 exists without new contract settlements in China or India. The focus on food security continues in a number of Canpotex’s offshore markets.

In my opinion, this announcement supports the outlook for an increasing potash price through 2021 - another piece of the good news puzzle supporting Verde's current positive outlook.


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