Supplier QatarEnergy closed a granular urea sales tender today, with the highest bid emerging in the mid-$410s/t fob for 45,000t.
The supplier had offered 25,000-45,000t of granular urea for loading in December under the tender. A sale is expected to take place at that level, but there was no comment from the parties involved.
The price is about $10/t up on QatarEnergy's sale of prilled urea last week under its 6 November tender.
