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Economy Ministry Sets Indicative Prices for Ammonia and Urea.

Economy Ministry Sets Indicative Prices for Ammonia and Urea.

6 December 2008

Indicative prices for ammonia and urea now stand at USD 280/mt and USD 225/mt respectively. While the price for ammonia is equal to October-November, the indicative price for urea was increased by 11%. Indicative prices represent the minimal level for export prices to prevent antidumping investigations. Concorde Capital: In October-November ammonia prices at Yuzhny increased by 17% yoy to USD 300 per mt on average, while urea prices grew by 3% to USD 231 per mt.

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