On 26 March, Turkmenhimiya concluded a deal for 500,000 t of urea at $582.5/t FOB Garabogaz/FCA Garabogaz Ammonia and Urea Production Plant, which equals $667.5/t FOB Black Sea, with a buyer from Singapore. The product is destined for the European market.
WFM believes that this urea may be shipped in Q3—Q4 2026 at the earliest.
