UREA: Prilled sales heard to Mexico

26 March 2014 16:56 Source:ICIS

In Mexico, it is understood Nitron has sold 11,000 tonnes of prilled urea to Proferba at $347/tonne CFR, 12,000 tonnes to Agrochem at $345/tonne CFR and 6,000 tonnes to Fertiquim at $335/tonne CFR for late March shipment to the east coast.

No other formal enquiries are heard in the market at present, with buyers watching the market expecting that prices will move down. Buying for the west coast is understood to have been postponed for a couple of weeks.

By Rebecca Clarke