Black Sea: No major changes in urea supply-yet

摘要

The market for prilled urea from Yuzhnyy remains relatively stagnant with prices so far assessed in line with the $227-232/mt FOB posting of last week. Output of prills from OPZ is still reported close to the two lines' combined 700,000 mt/year rated capacity. Dreymoor has nominated two vessels for the initial 10,000 mt prilled urea purchased via IBE from OPZ, and the trader still appears intent on loading a further 10,000 mt, purportedly for Mozambique.