Uralkali Cuts Potash Spot Sales in China to Boost
Uralkali Cuts Potash Spot Sales in China to Boost Contract Price
By Yuliya Fedorinova
Mai 29, 2013 8:28 AM EDT
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OAO Uralkali, the world’s biggest potash producer, has cut shipments to China by rail to reduce sales on the spot market and strengthen its hand in price negotiations for its next contract with the country.
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“The main threat to the market now is coming from BHP Billiton’s” Jansen project, Baumgertner said. Should it go ahead as planned, Uralkali may shelve its own green-field projects, he said.
BHP continues to review Jansen and no decision has been made, Andrew Mackenzie, BHP’s CEO, said on May 14.