Trade in prilled urea from Yuzhnyy/TIS is subdued after the regional holidays, with only minor sales reported this week in the mid-$220s/mt FOB. Producers are following price-developments in China and the Middle East closely and with major concern, and were also watching the January 13 Gubretas tender for 37,000 mt prills closely for price-clarity. The Turkish Pankobirlik tender also attracted significant attention, with January 13 awards netting about $214/mt CFR at sight, reflecting about a $200/mt FOB Yuzhnyy equivalent.
展开▼
