LONDON (ICIS)--The global muriate of potash (MOP) fertilizer market is showing signs of recovery after a lacklustre fourth quarter and slow festive season. The rebound is particularly notable in south Asia, where India’s Rashtriya Chemicals and Fertilizers (RCF) this week awarded a 105,000 tonne MOP import tender to Belarusian Potash Company (BPC). The sale is understood to have been agreed at the established Indian benchmark of $280/tonne CFR (cost & freight), and originally closed on 6 December.
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