The BCIC urea tender for two lots of 150,000 mt each closed with offers at $310.60/mt CFR bagged liner out from CNAMPGC of Singapore to Mongla and $310.60/mt CFR bagged liner out from Desh to Chittagong. The bulk of the offers came with Chinese material for an estimated netback to China of $265/mt FOB, which confirm pricing levels in China from previous business. See the Sept.18, 2020 issue of Green Markets for more details and analysis.
Transparency Across the Fertilizer Value-Chain