Fertilizers, Chemicals, Energy Transition, Renewables
July 10, 2025
Platts to refine specifications of its Granular Urea FOB Caribbean price assessment, effective Aug. 7
Platts, part of S&P Global Commodity Insights, will refine the specifications of its Granular Urea FOB Caribbean $/mt Wkly (FGUCA04) price assessment, effective Aug. 7, 2025.
Platts will amend the quantity specifications from a minimum 6,000 mt to a range of 7,000-25,000 mt.
Also, Platts will narrow the basis location, revising the previous designation from Venezuela, Trinidad. Loading out of Jose, Point Lisas to Point Lisas, Trinidad and Tobago.
Platts will also amend the timing specification from product to be shipped up to 30 days forward to loading seven to 45 days forward.
Following the changes, the specifications will appear as follows:
Current specifications | New specifications, effective Aug. 7 | |
| Assessment Name: | FOB Caribbean (FGUCA04) | FOB Caribbean (FGUCA04) |
| Quality: | 46% N, granular urea in bulk | 46% N, granular urea in bulk |
| Quantity: | Minimum 6,000 mt | 7,000-25,000 mt |
| Basis and location: | Venezuela, Trinidad. Loading out of Jose, Point Lisas | Point Lisas, Trinidad and Tobago |
| Timing: | Product to be shipped up to 30 days forward | Loading 7 to 45 days forward |
| Frequency: | Weekly | Weekly |
| Unit of assessment: | $/mt | $/mt |
Platts originally proposed to change the quantity for the FOB Caribbean assessment to 4,000-20,000 mt in a subscriber note (opens in a new tab)May 22, but will now reflect 7,000-25,000 mt, in light of market feedback.
This assessment can be found in Fertecon Daily and in Nitrogen Market Report.
Please send any feedback, questions and comments to fertilizer@spglobal.com and pricegroup@spglobal.com .
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.
Platts will consider all comments received and will make comments not marked as confidential available upon request.