ICL has reached an agreement with its long-term customer, Indian Potash Limited (IPL), India's largest importer of potash, to supply an aggregate of 420,000 metric tons of potash, to be supplied through 2024, at a price in line with the current market price in India.

With this agreement, ICL has sold all of its standard and fine potash to be produced until the end of 2024. The agreement is within the framework of the five-year supply agreement with IPL for the years 2022-2027, which was signed in March 2022.