Russians flag potential for potash spot pricing

Sep 06, 2010 (The Australian Financial Review - ABIX via COMTEX) --

Uralkali could introduce a new pricing system for potash sales to China, according to head of sales and marketing Oleg Petrov. Petrov said China could become a spot market, but he said such a move would depend on the outcome of 2011 price negotiations. BHP Billiton has proposed a similar switch if its $US40bn takeover of Potash Corporation of Saskatchewan is successful.