Indonesian producer Pusri has sold prilled urea for May loading at $4/t lower than its most recent April business.
The firm held a sales tender on 23 April, offering up to 45,000t of prilled urea for May loading.
It sold 5,000t to a trading firm at $230/t fob Palembang.
Pusri had sold for April loading at $234/t fob, highlighting the ongoing market downtrend amid flagging demand.
Fellow producer Petrokimia Gresik has pushed back the closing of its sales tender from 24 April to 27 April, offering 25,000t of prilled urea for May loading.
