News for 'Silvinit'

India breaks global potash cartel

India breaks global potash cartel

Rediff.com18 Jul 2009

India has managed to create ripples in the global commodities market with countries like the US and China set to follow its benchmark price for potash, a fertiliser widely used in the country. Breaking a well-entrenched global cartel, government-owned Indian Potash Ltd has managed to negotiate a potash deal with Russian company Silvinit at $460 a tonne