Urea price trends across China on May 21

Thread Content

Urea price trends across China on May 21 Author/Source: Date: 2019-05-21 Clicks: 13 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 1,910–1,930 yuan per ton (the same unit applies below) ； The prevailing ex-factory price of urea in Hebei region is between 1,890 and 1,940 yuan. Local enterprises continue to operate at a limited capacity, and due to weak demand from downstream markets, factory prices are under pressure and declining; this is because some large-scale plants will resume production around the end of the month ； In the Henan region, the standard ex-factory price of urea is 1,920–1,950 yuan; these prices continue to decline. New orders in the downstream market are relatively modest, while factory production levels remain high for now. Overall, the urea market is in a weak state ； The prevailing ex-factory price of urea in Shanxi region is 1,840–1,850 yuan, with overall market transaction activity being relatively weak ； In the Anhui region, the prevailing ex-factory price for urea ranges from 2,000 to 2,020 yuan. Local market demand has declined, leading to a slowdown in purchases by downstream compound fertilizer manufacturers; many companies have ceased production, so supply remains stable for now, though pressures still exist ； The prevailing ex-plant price of urea in Jiangsu is 2,030 yuan. The local agricultural demand has ended, some large manufacturers have entered maintenance periods, industrial demand is moderate, and there is little stock available for shipment ； The prevailing ex-plant price of urea in the Shaanxi region is 1,880 yuan. Overall market demand is relatively low; companies are making limited transactions, and there is some supply pressure. It is expected that prices may continue to drop in the future.