Algeria: Producers well committed through January

摘要

Algerian urea producers Sorfert and AOA report having committed the vast majority of stocks and production into January. AOA is however reported to be close to running its second 3,500 mt/day urea line, which would add to forward availability. The producer indicates that bids into the upper $230s/mt FOB have been rejected pursuant to prior sales, and deals are suggested into the $240s/mt FOB.