Russian potash producer Uralkali's announcement this week that it would stop selling potash through the Belarusian Potash Company (BPC) was a significant...

Russian potash producer Uralkali's announcement this week that it would stop selling potash through the Belarusian Potash Company (BPC) was a significant development that would have far-reaching effects on lowering the potash price and making it more difficult for new entrants to enter the market. Uralkali said it expected to see a significant fall in the international potash price to $300/t from the current level of about $400/t after it announced that it would stop selling potash through the BPC and that it would ramp up production.