Bloomberg News

Uralkali Raises First-Quarter Price for Russia Fertilizer Makers

By Ilya Khrennikov
December 20, 2011

Dec. 20 (Bloomberg) -- OAO Uralkali will raise potash prices it charges for domestic complex fertilizer makers by 34 percent in the first quarter of 2012.

The Russian potash producer will charge 9,318 rubles a metric ton, compared with 6,970 rubles now, the company’s press office said. Prices for industrial users, such as oil producers, will rise about 23 percent to as much as 10,828 rubles a ton.

Russian farmers will pay about 4,700 rubles a ton, Uralkali said today in an e-mailed statement.

To contact the reporter on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net

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