Indicative Prices For Ammonia & Urea Lowered In Second Half Of June
22 June 2008
The Economic Ministry set urea prices at USD 200/mt in the second half of June, compared with USD 235 in May. Ammonia prices were set at USD 212/mt for the same period and USD 224 in May. Indicative prices define the lower price threshold for exporters and are set to avoid antidumping investigations. The prices for ammonia and urea at Yuzhnyy decreased MoM in June, from USD 242/mt of ammonia on average in May, to USD 225 at the end of last week, and from USD 258/mt of urea in May to USD 204 on June 17.
