Urea price trends across China on August 6

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Urea price trends across China on August 6th
Author/Source: Yuege Agri-Materials Network
Date: 2019-08-06
Clicks: 35

In Shandong, the ex-factory price for small and medium-sized granules is 1,850–1,940 yuan per ton. In Linyi, the transaction price is around 1,860–1,870 yuan per ton, while in Heze it remains stable at around 1,850 yuan per ton. In Hebei, the ex-factory price for small granules is 1,880–1,900 yuan per ton, also remaining stable. In Henan, the mainstream ex-factory price for small granules is 1,820–1,840 yuan per ton, with a decrease of 10–30 yuan per ton. In Anhui, the mainstream ex-factory price for small granules is around 1,860–1,910 yuan per ton; some companies reduced their prices by 20 yuan per ton over the weekend. In Jiangsu, the mainstream price for small and medium-sized granules is around 1,880–1,920 yuan per ton, remaining stable. In Shanxi, the price for large and small granules is around 1,750–1,760 yuan per ton, also stable. In Inner Mongolia, the mainstream transaction price for small and medium-sized granules is around 1,610–1,690 yuan per ton, stable as well. In Hubei, the mainstream price for small granules is 1,850–1,880 yuan per ton, stable. In Shaanxi, the ex-factory price for small and medium-sized granules is around 1,720–1,850 yuan per ton, stable. In Guangxi, the mainstream wholesale price for small and medium-sized granules is around 1,950 yuan per ton, with a decline in price. In Sichuan, the ex-factory price for small and medium-sized granules is around 1,800–1,900 yuan per ton, stable. In Guangdong, the mainstream wholesale price for small granules is 2,010–2,030 yuan per ton, stable. In Xinjiang, the ex-factory transaction price is around 1,780–1,830 yuan per ton, stable. In Jilin, the price for small granules is around 2,000 yuan per ton, stable. In Heilongjiang, the transaction price for small granules produced by local manufacturers is around 1,750 yuan per ton, stable. In Liaoning, the price for small granules transported by truck is 1,920–1,960 yuan per ton, with negotiation possible regarding the final price, still stable. In Shandong and the two river regions, prices are trending towards 1,800 yuan or lower; the price for goods received in Linyi over the weekend is 1,860 yuan per ton. In the short term, there are no positive factors supporting the market; supply remains high, demand is weak, and prices will continue to trend downward. As most of the domestic market is in the off-season for agricultural use, the overall trading atmosphere is poor. Although urea manufacturers have not made any significant changes to their prices, transaction prices continue to decline slightly. Actual transactions are still primarily based on individual negotiations, with the focus of transactions shifting downward. The short-term domestic urea market lacks significant positive factors to support it, putting considerable pressure on manufacturers to maintain high prices.