Brazil: Granular urea trade still slow

摘要

The bid-offer spread for granular urea was widely reported at $340-355/t CFR at the start of this week but narrowed to $345-350/t CFR at the time of writing. At least one trader, possibly Koch, was linked to a sale at $345/t CFR in a week largely devoid of trade. Supplier have since increased offers to $350/t CFR and above.