Canpotex has reached an agreement with China’s potash buying committee for standard-grade potash shipments through to December 31, 2023, at a price of $307 per metric ton (mt) on a CFR basis.

“China is an important market for Canpotex, and we’re pleased to reach an agreement with China’s potash buying committee,” said Gordon McKenzie, Canpotex President and CEO. “We look forward to continuing our support of food security in China by providing our customers there with a reliable and stable supply of potash as China’s agriculture sector continues to grow.”

Canpotex is Saskatchewan’s largest overseas exporter and amongst the top Canadian exporters. It exports more than 13 million