Fertilizers

Urea- Market Drivers | Global

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More urea vessels exit the strait of Hormuz:
Argus estimates that there are around five vessels inside the Mideast Gulf with around 255,000-260,000t of urea, basis Kpler vessel-tracking data, down from eleven vessels with over 500,000t of urea on 25 June.

Iran urea sales pick up:
Producers have sold at least 140,000t of granular urea at $340/t fob Iran this week for July shipment, in line with producers offer levels for the week. The cargoes are likely for shipment to Turkey.

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