Uralkali Trade Venture to Increase Myanmar Potash Sales in 2012

Belarusian Potash Co., the trading venture of OAO Uralkali (URKA) and Belaruskali, plans to increase potash sales to Myanmar by about 13-fold to 20,000 metric tons next year as demand for the crop nutrient rises.

Sales this year to the Asian country will be about 1,500 tons, Filipp Gritskov, a spokesman in Minsk for the trader known as BPC, said by telephone today.

Myanmar’s potash purchases from BPC may rise to as much as 100,000 tons in future, the Minsk-based Belta newswire reported earlier, citing an official from Awba Group, the trading venture’s partner in the Asian country.

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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