29 October 2009 19:16 [Source: ICIS news]
LONDON (ICIS news)--Black Sea urea prices have stabilised at $242-243/tonne (€165/tonne) with sales for Asia markets cancelled out by weak demand elsewhere, traders said on Thursday.
Black Sea urea was traded this week at $242-243/tonne FOB (free on board) Yuzhny for November shipment, as traders moved to cover recent tender awards in
Any potential price rise in Yuzhny was capped by a lack of demand outside of
Nonetheless, with much of November shipment already committed out of the
Last week, spot price indications were pegged in a wider range of $240-245/tonne FOB Yuzhny.
The Black Sea
($1 = €0.68)
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections