Norwegian major producer Yara has announced its latest nitrate offers for northwest Europe for delivery next month, raising offers for CAN in German and Benelux markets, and AN in France.
Yara is offering CAN 27 at €335/t cif Germany and Benelux for February delivery. This latest offer marks an increase from €317/t cif for January delivery to those markets, as announced in the first half of December.
The producer has raised its AN 33.5 offer in France to €425/t cpt. Initial offers outlined in October had been €387/t cpt for December delivery.
The higher offers reflect the overall strengthening of prices across the nitrogen complex since the start of December, with Egyptian urea irecenty hitting the highest level since October 2023.