Turkey: Igsas granular purchases reported

摘要

Participants in negotiations with Igsas pursuant to the importer's request for offers for granular and/or prilled urea stated that purchases of 20,000 t granular urea were concluded marginally below $250/t CFR duty paid/duty free, including 180 days credit. A requirement for 10,000 t for Korfez discharge was deferred. The 10,000 t destined for Iskenderun was reported booked at $247/t CFR, while the 10,000 t for Tekirdag was covered closer to $250/t CFR. Depending on cost of finance, the pricing suggests delivered values for duty free Egyptian urea at $242-244/t CFR at sight for netbacks around $225-227/t FOB from Damietta/El Dekheila.