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On 23 April, MOPCO has closed deals for two 45,000-tonne lots of granular urea with trading company/companies at $885/t FOB Egypt for shipment to India under IPL’s purchase tender closed on 15 April. The lots shall depart from Egyptian ports by 14 June. Reminder: according to WFM’s sources, three lots of Egyptian prilled/granular urea changed hands at around $880—890/t FOB Egypt for shipment to India in May late last week.
World Fertilizer Market Media