By Reuters Staff
(Adds details, quotes, context)
MOSCOW, April 5 (Reuters) - Belarus’s potash monopoly has raised prices by 13% in a potash supply contract with India signed earlier this year, the Belarus Potash Company (BPC) said on Monday, signalling a stronger outlook for potash producers.
BPC, a trading arm of Belaruskali, the world’s largest producer of the crop nutrient, signed its annual potash supply contract for 800,000 tonnes with India’s largest importer of the product, Indian Potash Limited, in January.
BPC renegotiated the contract price to $280 per tonne from the previous $247 a tonne on a cost and freight basis “within the framework of close partnership,” it said in a statement.
By Reuters Staff
1 Min Read
BANGKOK, April 2 (Reuters) - Thailand’s central bank will begin testing use of its retail digital currency for the general public in the second quarter of next year before fully implementing it over the next 3-5 years, an assistant governor said on Friday.
The retail central bank digital currency (retail CBDC) is aimed at providing access to convenient and secure financial services, Vachira Arromdee told a briefing.
“It will not affect the Thai financial system,” she added.
The Bank of Thailand is seeking public opinions by June before developing the digital currency, she said. (bit.ly/3fwELEt)
Shares in Italy's Isagro soared on Monday, more than doubling its market value after U.S. group Gowan gained control of the agrichemical group's holding company, triggering a mandatory tender offer.
Chilean miner SQM, the world's No. 2 producer of lithium, said on Wednesday it posted record lithium sales in the last quarter of 2020, although floundering prices for the ultralight metal continued to weigh on the company´s profits.