Temporary floor to prices for May

摘要

It has been a slow week in the urea market,disrupted by holidays,but there are some signs that prices are stabilising for May shipment.Two Middle East cargoes were sold around$310/t fob over the weekend,Yuzhny and Baltic suppliers are quoting$300/t fob for their remaining May tonnage,and crucially,there appears to be some resistance to lower prices in China.