Canpotex Ltd. said it has reached an agreement with Sinofert on a spot sale of approximately 350 thousand MT of Canadian potash at competitive prices. This product is to be shipped to China before the end of March 2010. As a result of this latest spot sale, Canpotex is now fully committed on sales through the first quarter of 2010. Canpotex is the offshore marketing company owned by the three Saskatchewan potash producing companies, Agrium Inc. (AGU, AGU.TO), Mosaic Canada Crop Nutrition, LP, a subsidiary of The Mosaic Company (MOS), and Potash Corporation of Saskatchewan Inc. (POT,POT.TO).
Canpotex will also announce plans with respect to second-quarter pricing early in March, after thoroughly reviewing the changing and much-improved overseas potash market conditions.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.