03 March 2011 09:38 [Source: ICIS news]
The traders said that even though no deals were completed for the second half of April, the market closed at $1,005-1,007/tonne, taking a cue from a physical deal for the first half of May at $1,002/tonne CFR (cost and freight) Japan, which was between buyer Cargill and seller Vitol.
Additional reporting by James Dennis
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