Urea price trends across China on July 23

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Urea price trends across China on July 23 Author/Source: China Fertilizer Network Date: 2019-07-23 Clicks: 47 Urea prices in regions such as Shandong and Henan continued to decline, while prices in Hebei remained stable for the time being. Currently, the standard ex-factory price of urea in Shandong region is 1850–1880 yuan per ton (the same unit applies hereafter). In Linyi, the purchase price of urea by compound fertilizer manufacturers has dropped to 1880–1910 yuan per ton, with prices from larger manufacturers continuing to fall. This is due, on one hand, to the competition from low-priced urea supplied from other regions, which increases sales pressure for these companies. In Hebei region, the standard ex-factory price of urea is 1860–1930 yuan per ton; overall prices and production levels remain stable for now. Demand in this region is weak, so local companies mainly focus on fulfilling export orders, while local purchases are usually of low-priced urea from places such as Shaanxi and Shanxi ； The prevailing ex-plant price of urea in Henan region is 1,840 yuan ； In the Shanxi region, the standard ex-plant price for urea is 1,760 yuan, while that for large-grained urea is 1,770 yuan. These prices have seen a slight decline; demand in the surrounding areas is relatively weak, so there is still some room for negotiation regarding prices at the factories ； The prevailing ex-factory price of urea in Anhui region is 1,900–1,920 yuan, with prices continuing to drop ； The mainstream ex-factory price of urea in Jiangsu region is 1,990 yuan ； The main ex-factory price of urea in Heilongjiang region has dropped to around 1,750 yuan, with local agricultural demand now satisfied.