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Urea price trends across China on July 31

2019-08-01View Original

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Urea price trends across various regions in China on July 31. Author/Source: Date: July 31, 2019. Click-through rate: 38. Urea prices in Shandong and Hebei provinces remain relatively stable for now, while there have been slight adjustments in Henan Province. Currently, the prevailing ex-factory prices for urea in Shandong Province range from 1,850 to 1,900 yuan per ton (the same unit applies hereafter). In the Linyi area, compound fertilizer manufacturers are purchasing urea at a stable price of 1,890 yuan per ton. Local producers have kept their quotes unchanged for the time being; meanwhile, some large-scale manufacturers are primarily focused on supplying the export market ; The prevailing ex-factory price of urea in Hebei region is 1,870–1,900 yuan; this price remains stable for now. Manufacturers are supplying to the export market, and as there is still inventory pending shipment, the price stays at a relatively high level ; The mainstream ex-factory price of urea in Henan region is 1,830 yuan, with higher-end products having higher prices and lower-end ones lower prices; the reference ex-factory price for products from local large manufacturers is around 1,810 yuan ; In the Shanxi region, the prevailing ex-factory prices for urea are 1,750–1,760 yuan, while those for large-particle urea stand at 1,760–1,770 yuan; the lower-end prices have seen a slight decline ; The prevailing ex-factory price of urea in Anhui region is 1,880–1,920 yuan, with prices remaining stable at a weak level ; In Jiangsu region, the prevailing ex-factory price of urea is 1,930 yuan. Local market demand remains relatively sluggish, and there is still some room for negotiation regarding new orders ; The prevailing ex-factory price of urea in Inner Mongolia is between 1,610 and 1,750 yuan, with prices at some large manufacturers showing a slight decline. Regional market prices: Unit: yuan/ton (bolded in the table refers to large-grain urea)

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