
Market Insight
Market Insight courtesy of Argus Media. Urea: There was a general price upswing for both urea and ammonium nitrate in mid-June, while ammonium sulphate and urea ammonium nitrate (UAN) prices remained weak. Urea prices were pushed up in most regions as traders sought to secure cargoes across the globe – resulting in granular urea deals from the Baltic ($260-280/t f.o.b.), Egypt ($312-335/t f.o.b.), Middle East ($253-280/t f.o.b.) and China ($308-310/t f.o.b.).