US NOLA: Average barge urea price unchanged

摘要

Granular urea barges changed hands at $218-223/st FOB New Orleans, yielding the same average price as last week's $214-227/st FOB range. Traders and producers with barge positions are still betting on drier weather in key US end-user markets over the next two weeks will drive up demand for urea. This may be enough to push barge prices higher.