GREY:ETPHF - Post by User
Post by
sun_shineon Sep 27, 2011 9:38am
319 Views
Post# 19087788
BPC hikes potash prices in Brazil by $30/T
BPC hikes potash prices in Brazil by $30/TLooks like the fundementals for the potash market continue to be strong. FED should jump up soon enough and steady flow of expected news
BPC hikes potash prices in Brazil by $30/T Oct 1
MOSCOW, Sept 27 | Tue Sep 27, 2011 2:31am EDT
MOSCOW, Sept 27 (Reuters) - Belarus Potash Co, the trading joint venture of Uralkali and Belaruskali, said on Tuesday it will raise prices for granular potash for large Brazilian buyers by $30 to $580 per tonne from October 1.
Prices for smaller buyers in Brazil will be also raised by $30 to $590 in the fourth quarter.
"Exceptionally strong demand caused by tight availability of product is the major driver of price growth," BPC said in a statement. (Writing By Andrey Ostroukh)