MINSK, Aug. 13 (Xinhua) -- The Belarusian Potash Company (BPC) will export a new type of potash fertilizer to China, the press service of the BPC said on Monday.
The BPC and China's Sinochem Group signed a five-year exclusive memorandum on the supply of granular potash fertilizers which is halurgic granular white muriate of potash with the addition of zinc and sulphur.
The document was signed during a Sinochem Group delegation's visit to Belarus, the press service said.
According to the memorandum, the new potash fertilizers will be supplied to the Chinese market for 5 years from 2019 to 2023 with the right to sign annual contracts based on the current market situation.
The document said that the total supply for 5 years will make up 700,000 tonnes.
Established in April 2005, the BPC is one of the largest suppliers in the world potash market. The company supplies mineral fertilizers to more than 100 countries of the world and continues to develop new markets.
