UREA: Prices in Yunnan, China are stable

20 March 2014 07:38 Source:ICIS

EXW offers in Yunnan, located in southwest China, are stable at yuan (CNY) 1,750-1,830/tonne ($281.4-294.2/tonne) for prilled urea. Sales pressure from major producers increases. EXWH prices are at CNY1,830-1,850/tonne, but deals were stagnant, as the values showed signs of dropping. Offers from Tianmeng Agricultural Materials are at CNY2,100/tonne, but deal volumes decrease.

($1 = CNY6.22)

By Natalie Hui