19 November 2009 20:11 [Source: ICIS news]
LONDON (ICIS news)-- Black Sea urea prices have traded in a wider range of $240-245/tonne (€161-164/tonne) this week, with traders expecting improved demand ahead, market sources said on Thursday.
Despite few sales, Black Sea urea prices stayed firm due to expectations of demand from ?xml:namespace>
Ukrainian urea traded this week in a range of $240-245/tonne FOB (free on board) Yuzhny for December.
Last week, spot prices were pegged at $241-243/tonne FOB Yuzhny.
This demand will likely support Yuzhny prices going forward, traders said.
The Black Sea
($1 = €0.67)
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