Abu Qir to test regional UAN values August 8

摘要

Asking-prices for UAN are relatively stable for Black Sea positions at $325-330/mt FOB following the Abu Qir sale to Koch under the July 18 sales tender at $331.50/mt FOB. Baltic netbacks illustrated via the Trammo sale to Australia are essentially identical. Mediterranean/Black Sea values will be tested again around August 8 when Abu Qir likely tenders for the sale of 20-25,000 mt for mid-August loading.