The MMTC urea tender closed Aug. 1 with 15 companies offering 1.85 million mt. The lowest prices were from Comzest at $278.95/mt CFR for an East Coast delivery and by Eastern at $274.80/mt CFR for a West Coast delivery. Both companies offered Iranian product.
Of the tonnage offered, four companies offered 750,000 mt of Iranian urea.
For more details and analysis of the tender see the Aug. 3 issue of Green Markets.