the article below is about potash companies renegotiating potash price as crop prices have risen dramatically and fertiliser prices are currently in short supply.
”Belarus Potash Co. (BPC) and Indian Potash Ltd. (IPL) have renegotiated a potash supply contract signed in January 2021, whereby the new contract price is set at US$280/t on CFR terms.BPC said that the new agreement was possible "thanks to a balanced approach to doing business and a common desire for a balanced and reasonable development of the potash market, which is demonstrated by the parties to the agreement."The original one-year contract signed in January was for the supply of 800 000 t of potash fertilizers to the Indian market US$247/t on CFR terms.”
https://www.worldfertilizer.com/potash/08042021/belarus-potash-co-and-indian-potash-ltd-renegotiate-potash-supply-contract/
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