Urea price jumps across granular and prills are evidence that the market remains hot but the US cooled off this week. Concerns over the spread of Covid-19 are making participants jumpy while news is awaited on the exact timing of an Indian import tender. A March 16-20 clearance to India’s RCF for quantities to load into May is expected. Limited supply from China on the back of high domestic prices and continuing concern over possible quarantine issues for vessels arriving from China to Indian ports are set to significantly restrict availability in the upcoming session.
展开▼
