Final prices in the Indonesian tenders for prilled and granular urea late last week exceeded the reserve price of $315/mt FOB. Sources reported prilled urea sold for $321.75/mt FOB and granular for $328.70/mt FOB.
At the same time, Egyptian urea prices moved up. Helwan in Egypt sold 15,000 mt at $360/mt FOB for April shipment. Just last week the same company sold a March shipment at $350/mt FOB.