Urea price trends across China on July 24

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Urea price trends across China on July 24 Author/Source: Date: 2019-07-24 Clicks: 3 Urea prices in Shandong remain stable for now, while prices in areas such as the Two Rivers region continue to drop. Currently, the mainstream ex-factory price of urea in Shandong region is 1,850–1,880 yuan per ton (the same applies below); in Linyi region, the purchase price of urea by compound fertilizer manufacturers has dropped to 1,860–1,880 yuan per ton ； In the Hebei region, the standard ex-factory price of urea is 1,860–1,900 yuan. Production levels remain relatively stable, with prices experiencing a slight decline. It is reported that the orders for exports worth over 100,000 tons placed by local urea manufacturers have been largely fulfilled ； The prevailing ex-factory price of urea in Henan region is 1,820–1,840 yuan, with prices continuing to decline ； 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. Overall, these prices remain stable for now, and sales of new orders are relatively weak ； The prevailing ex-factory price of urea in Anhui region is 1,900–1,930 yuan; this price remains stable for now, as demand from the local agricultural market is low ； The mainstream ex-factory price of urea in Jiangsu region is 1,970 yuan ； The mainstream ex-factory price of urea in Inner Mongolia is 1,610–1,750 yuan, with prices at the mid-to-high end seeing a slight decline. In summary, the overall transaction performance in the urea market has been relatively poor recently.