Thread Content
Urea price trends across China on April 23 Author/Source: Date: 2019-04-23 Clicks: 20 Urea prices in Shandong, the Two Rivers region, and other areas continued to decline. Currently, the mainstream ex-factory price of urea in Shandong region is 2,000–2,040 yuan per ton (the same unit applies thereafter). In Linyi region, the purchase price of urea by compound fertilizer manufacturers has dropped to... (for more details, please visit the member area of Zhongfei.com; the same applies thereafter). At present, the overall production level of these enterprises remains relatively high. Although there are still orders pending fulfillment, demand is low at this stage, and downstream buyers are cautious. Apart from some essential demands, traders are less inclined to make large-scale purchases. Some industry experts expect prices to possibly decline in the future ; In the Hebei region, the standard ex-factory price for urea is between 1,990 and 2,070 yuan. Prices for lower-quality urea continue to drop, while prices for higher-quality products remain stable for now. However, there are relatively few new sales deals, and the supply in the local market is tight. Some factories still intend to maintain their prices, but demand is weak, resulting in low purchasing activity in the market. There is still some room for negotiation regarding prices at certain factories ; The prevailing ex-factory price of urea in Henan region is between 2,000 and 2,010 yuan; these prices continue to fall, with some manufacturers now offering prices below 2,000 yuan. Due to relatively low actual market demand and a cautious attitude among downstream distributors, it is expected that the actual transaction prices will continue to decline in the near future ; In the Shanxi region, the standard export price for urea is 1,950 yuan; the export price for large-grained urea has dropped to 1,900–1,950 yuan. Due to limited market demand for large-grained urea at present, companies continue to lower their prices. New orders are being placed in modest quantities, and production levels remain stable for now. Factories say that prices could continue to fall in the future ; In the Anhui region, the standard ex-factory price for urea is 2,060–2,080 yuan; this price remains stable for now. New orders in the market are limited, and manufacturing activities by companies are also stable. Although there is still some goods in circulation, the amount ready for shipment is low, and purchasing activity is relatively modest ; The mainstream ex-factory price of urea in Jiangsu region is 2,090 yuan. Local agricultural demand has ended, production by enterprises remains stable for now, industrial demand is moderate, and there is little stock available for shipment ; The standard ex-plant price of urea in the Shaanxi region is 2,030 yuan, while the price for delivery to other areas is around 1,950 yuan. New orders in the market are relatively few; some large manufacturers have temporarily halted production, resulting in a reduced supply. In summary, new orders in the urea market have been modest recently, and companies have made slight adjustments to their production levels; due to relatively weak demand, prices may continue to fall.