Belaruskali open joint stock company - the large producer and the exporter of potash fertilizers.
Assets
The history of Belaruskali - since 1958. For January, 2014 as a part of the enterprise four mine administrations, the auxiliary and servicing divisions (transport, power, repair, civil engineering and other firms and workshops).
History
2020: Dumping in the market of China
The Saudi tactics of dumping in oil market was an infectious example for Belarus competing with Russia in supply of potash fertilizers.
The Belarusian Potash Company - trading subsidiary of Belaruskali - sharply reduced the prices for consumers in China.
On April 30, 2020 the company reported that it signed the contract with consortium of the Chinese buyers (Sinochem, CNAMPGC, CNOOC) at the price of $220 for ton. In comparison with the previous contract the Belarusian fertilizers fell in price for the People's Republic of China by $70 for ton, or nearly 32%.
The company noted that the transaction "creates the strong base for stabilization, recovery and the subsequent forward development of the world potash market".
The Russian competitor - Uralkali - can be forced completely follows to refuse deliveries to China because of the low price offered by Belarus from the statement of the company. In 2019 Uralkali sold fertilizers to India at $280.
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