You are here: Home » News » News » ICL from Israel and Indian importer IPL reach a five-year potash supply agreement

ICL from Israel and Indian importer IPL reach a five-year potash supply agreement

Views:3     Author:Site Editor     Publish Time: 2019-01-07      Origin:Site

Last week in New Delhi, ICL agreed to provide India with a 550,000-ton fixed plus a selection of 50,000-ton from July 2019 to June 2020. The same to 2020-2021.

 

From 2021 to 2023, it will increase to a fixed amount of 600,000 tons plus a selection of 50,000 tons. Prices will be determined by current market factors.

 

The chairman of the ICL Potash Department said that this is the first time that India has signed a long-term agreement, which represents the ICL market strategy. ICL is a cost-competitive supplier to the Indian market due to its geographical advantages, including low-cost logistics costs and shorter arrival times.


QUICK

SHARE US ON

Copyright © 2016 Jinan ZZ International Trade Co.,Ltd. All rights reserved. Supported by Leadong