BPC hikes potash prices in Brazil by $30/T Oct 1

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MOSCOW, Sept 27 | Tue Sep 27, 2011 7:31am BST

MOSCOW, Sept 27 (Reuters) - Belarus Potash Co, the trading joint venture of Uralkali and Belaruskali, said on Tuesday it will raise prices for granular potash for large Brazilian buyers by $30 to $580 per tonne from October 1.

Prices for smaller buyers in Brazil will be also raised by $30 to $590 in the fourth quarter.

"Exceptionally strong demand caused by tight availability of product is the major driver of price growth," BPC said in a statement. (Writing By Andrey Ostroukh)

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