The GubreTas tender for 6,000 t prilled urea that closed on Friday 14 October for delivery to Yarimca by mid-November was awarded to Bayegan. A price was not disclosed, but reports suggest the sale was concluded at levels much below today’s Yuzhnyy values as it was covered with previously contracted OPZ tonnes. Buyers in Turkey are expected to need significant tonnes for November and December, but for the moment appear to have slipped into wait-and-see mode on the back of higher Egyptian sales prices.
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