Indonesia: Kaltim books 360,000 mt granular urea

摘要

The Pupuk Kaltim tender for the sale of 360,000 mt granular urea for loading through mid-December to be priced via formula resulted in awards to four traders. The session called for bids for premiums to be paid on top of prices established via a formula. The formula applies average published FOB values for granular urea in Southeast Asia and the Middle East for two weeks ahead of the date of presentation of Notice of Readiness by each carrier nominated.