The market for granular urea inched higher in recent trades in the physical market and in paper-markets. A cargo of SIUCI granular reportedly traded in the low $260s/mt FOB to Keytrade, up by more than $14/mt on netbacks from prior Brazilian sales, and also up on last week's assessed netbacks from the US barge- market. Two further cargos for late April loading was suggested sold by Fertil at similar numbers, reportedly purchased by CHS and intended for Latin America.
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