Turkey: Prices still under heavy pressure

摘要

The influx of Iranian granular urea at substantial discounts on other origins continues to affect Turkish prices, as do offers from Turkmenistan. Industrial importers including Kastamonu have rejected proposals for prills from traders in the mid-to-upper $260s/t CFR with 180 days credit, citing ample availability of offers for Turkmen urea down to and even below $255/t CFR, also with 180 days.