Middle East: Granular trades in upper $240s/mt FOB

摘要

The recent sale by Sabic of 25,000 mt granular urea to a market in Asia was priced in the upper $240s/mt FOB, according to the producer. The final destination was not identified, but reports from the Philippines link Swire with the purchase. Offers from Middle East producers are since into the $250s/mt FOB, but no sales at that level are reported, so far.