UREA: EXW prices in Shandong, China are largely flat

15 May 2014 08:27 Source:ICIS

Urea EXW prices in Shandong, east China, are largely unchanged. EXW offers are mostly at yuan (CNY) 1,380-1,400/tonne ($221.5-224.7/tonne). Several deals are done at CNY1,360-1,370/tonne with buyers from other regions. Sales remain subdued and products are mainly sold in the local market. EXW offers for granular urea are mostly at CNY1,480-1,500/tonne, but a few deals are made at CNY1,450-1,460/tonne.

($1 = CNY6.23)

By Adele Zhu