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Sinofert Signs MOU with Canpotex for Cooperative Deal

Date:2013-12-20 Source:Sinochem Group

On December 13, Sinochem Fertilizer Macao Commercial Offshore Limited - a subsidiary of Sinofert Holdings Limited, a Hong Kong listed enterprise under Sinochem Group - signed a MOU with Canpotex on the exclusive agency cooperation in China for year 2014. Both parties intend to conclude a cooperative deal at 1 million tons in 2014, and the detailed contract price will be subject to both the results of potash fertilizer import price in 2014 and their mutual negotiation.