Nitrogen Index drops four points, but India offers healthy prices for non-Chinese urea suppliers

It has been an important week for global urea markets. Last Friday’s STC tender for urea for shipment to India led to 850,000t being booked at $315-319pt cfr. As noted in this week’s Profercy Nitrogen Report, published 25 June, “the absence of a Chinese supply glut afforded real benefits for other suppliers in the latest…