BELARUS NEWS AND ANALYSIS

DATE:

14/12/2007

Belarus's BPC still raising potash prices for Asian countries

MOSCOW. Dec 14 (Interfax) - Belarussian Potash Company (BPC), which supplies potash fertilizer produced by Belarus's Belaruskali and Russia's UralKali (RTS: URKA) to foreign markets, continues to raise potash fertilizer prices for Asian countries, the company said in a statement.

BPC informed UralKali that it would be selling potash fertilizer to Asian countries at a minimum of $500 per tonne, which is 20% higher than the set prices.

The Belarussian company is confident that demand for potash fertilizers will remain high on Asian markets due to irregular supplies of fertilizer and the lack of fertilizer production in these countries.

Belarussian Potash Company is the one of the largest suppliers of potash products in the world. The company delivers potash fertilizers to Africa, Europe, India, China, the United States, the Pacific region in addition to Central and South America.

BPC was set up in April 2005. Belaruskali and UralKali each own 50% of the company.

Source:

http://www.interfax.com/3/346507/news.aspx