Fertilizers

Nigeria’s Dangote sells April-shipped urea at higher price Nigeria

Dangote has traded 30,000 t of granular urea at $700/t FOB Nigeria for H1 April shipment. The buyer and destination have been undisclosed. Reminder: the supplier sold 30,000 t of the granular fertilizer at $655/t FOB Nigeria for April loading a fortnight ago. Dangote has been producing the granular product at full capacity.
A company is in the freight market for a vessel to ship 30,000 t of granular urea from Lekki, Nigeria, to Pivdennyi, Ukraine, on 25 March—6 April.

Argus Media – Fertilizers

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