Black Sea: Downwards price pressure maintained

摘要

Black Sea values are pegged in the $250-260/mt FOB range on recent netbacks on deals in Turkey. Trammo, who is reported to have sold 10-13,000 mt to Igsas and 6,000 mt to Petkim in the $285-290/mt CFR range for late July delivery, will likely source the cargo from Yuzhnyy.