Do More With Reuters

Agrium sees Chinese potash price around $625-CEO

Wed Apr 2, 2008 9:51pm IST
 
Email | Print | | Single Page
[-] Text [+]

(All prices in U.S. dollars unless noted.)

TORONTO, April 2 (Reuters) - Annual contract talks with China, the world's largest potash fertilizer consumer, likely will result in prices similar to what India recently agreed to pay, the chief executive of Agrium Inc (AGU.TO: Quote, Profile, Research) said on Wednesday.

"We would expect them to be paying the equivalent of a landed price of $625" per tonne, Mike Wilson said in an interview on the sidelines of a fertilizer conference.

($1=$1.02 Canadian) (Reporting by Leah Schnurr; editing by Rob Wilson)

Photo

Catch the latest news, pictures, stats and live race commentary on our special Formula 1 page.  Full Coverage 

REUTERS POLL

Photo
Is India capable of handling natural disasters?
Yes
No
Can't say
Symbol Bid Ask
BRENT CRUDE $0.00 $0.00
MINI GOLD $796.80 $797.20
MINI SILVER $12.73 $12.77