Nola urea values fall to 18-month lows with international market sentiment negative

The US Gulf price slide continued this week with November granular urea barges trading down to $215ps ton fob Nola early in the week. Nola values have fallen more than $35ps ton since the end of September with business concluded at 18-month lows this week before a modest rebound to $220ps ton fob Nola took…

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SBU Azot highest bidder for Tatarstan nitrogen assets

Several informed sources in the market report that SBU Azot is in the advanced stages of negotiations with JSC Ammoniy and Mendeleevsk Azot over the purchase of the Mendeleevsk nitrogen production assets in Tatarstan. The reports suggest that the marketing of the Mendeleevsk granular urea will be handled by SBU following the completion of the deal. This would allow SBU flexibility…

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