Turkey: Gubretas may have partially covered tender

摘要

The Gubretas tenders for up to 38,500 mt granular urea and up to 24,200 mt prills to arrive at multiple Turkish ports by December 4 and December 15, respectively is suggested to have attracted relatively limited selling interest. While neither confirmed by MOPCO nor by Gubretas, some market observers indicate a better than 50/50 chance that the larger of the two parcels booked by the Egyptian producer November 3 at $230/mt FOB might have been purchased by Gubretas.