Granular prices under pressure; India books large volumes in first major tender of the year
With the exception of ammonia, all nitrogen markets remain weak. Global urea prices have continued their downward trend, with granular urea prices falling by greater levels than prills over the last week. Demonstrating this point, while Profercy’s price range for Yuzhny prilled urea fell by an average of $5pt, the low end of Profercy’s range…