Uralkali export venture cuts potash price to Brazil

MOSCOW, March 4 (Reuters) - Russian potash miner Uralkali (URKA.MM) said on Wednesday its Belarussian export joint venture has cut the price of supplies of the soil nutrient to Brazil by about 25 percent from March to May 2009.

Belarusian Potash Co (BPC), a joint venture between Uralkali and Belaruskali, will charge $750 per tonne for potash deliveries to large Brazilian importers and $765 per tonne for shipments to smaller customers.

The previous prices, applied since July 1, were $1,000 and $1,010 per tonne, respectively. (Reporting by Robin Paxton, editing by Simon Shuster)