US NOLA: Average barge price down more than $6/st

摘要

Granular urea barges values dropped again with sales claimed as low as $200/st FOB New Orleans late March 15. Earlier this week transactions were confirmed at $209/st, $208/st, $207/st, $205/st and $203/st FOB for prompt material. The lower prompt values are somewhat surprising given granular urea barges sold for April delivery to endusers at $214/st FOB earlier this week. However, at press time April indications for granular urea barges had fallen to $203-209/st FOB.