Uralkali (LSE: URKA) announces that Uralkali Trading (a wholly-owned subsidiary of Uralkali) has reached agreement on H1 2014 potash deliveries to China with the buying consortium headed by CNAMPGC, one of the major Chinese agrochemical corporations. 

Major contract parameters:
Price per metric tonne USD 305 (CFR)
Supply volume 700,000 tonnes
Contract period until 30 June 2014

Oleg Petrov, Uralkali Director for Sales and Marketing, commented:

"The contracts between Uralkali and the Chinese companies clearly testify to growing demand and the beginning of market recovery. The terms of the agreement with our Chinese partners are mutually beneficial and serve the interests of our consumers, agricultural producers of the PRC.

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