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Urea price trends across China on September 20 Author/Source: Yuege Agri-Materials Network Date: 2019-09-20 Clicks: 3 The mainstream urea market in China remains stable, with only slight fluctuations in prices in some areas. In Shandong region, it is still acceptable for some companies to charge low prices; there is slight increase in transactions. Additionally, as some companies in Shandong are about to reduce production, prices have seen a slight rise. However, most manufacturers still face sales pressure, especially with National Day coming up next week, so prices remain under downward pressure. It is expected that the domestic urea market will experience only slight fluctuations in the short term; going forward, attention will mainly be focused on environmental regulations regarding production limits. The prevailing ex-plant prices for small-grained urea in the Shandong region remain stable: Yangmei Pingyuan offers 1,800 yuan per ton, with no changes in price; Ruixing Chemical offers 1,790 yuan per ton, also with stable prices; Mingshui Chemical offers 1,850 yuan per ton, again with stable prices. Overall, the ex-plant prices of urea in Shandong region remain stable today; the actual transaction prices are determined through negotiation. The enthusiasm of downstream buyers is moderate, and it is expected that urea prices will rebound after reaching their bottom level. The urea production equipment at Shandong Jinmei Mingshui Chemical Group Co., Ltd. is operating normally, with an annual production capacity of 450,000 tons; the system is running at full capacity. Small-particle urea costs 1,850 yuan per ton; the price remains stable for now, and it is mainly supplied to local and surrounding agricultural buyers. The enthusiasm for purchasing downstream is moderate, and the supply of urea is normal. The urea production equipment at Yangmei Pingyuan Chemical Co., Ltd. is operating normally. Small-grained urea costs 1,800 yuan per ton, with prices remaining stable for now; large-grained urea costs 1,920 yuan per ton, also with stable prices at present. Urea powder costs 1,780 yuan per ton, and its price remains stable as well; the actual transaction price is determined through negotiation. The enthusiasm for purchasing downstream is moderate, and the supply of urea is normal. The urea production equipment at Shandong Ruixing Chemical Co., Ltd. is operating normally, with an annual production capacity of 1.6 million tons and an operational rate of around 50%. Small-particle urea costs 1,790 yuan per ton; the price remains stable for now, with the actual transaction price determined through negotiation. The enthusiasm for purchasing downstream is moderate, and the supply of urea is normal. In Shandong province, the ex-factory price for small and medium-sized particles is 1,800–1,850 yuan per ton. In the Linyi market, the transaction price is around 1,820–1,830 yuan per ton, while in the Heze market it is approximately 1,810–1,820 yuan per ton. Prices remain stable overall, though some companies have raised their prices by 10 yuan per ton. In Hebei province, the ex-factory price for small particles is 1,790–1,850 yuan per ton, with prices remaining stable for now. In Henan province, the typical ex-factory price for small particles is 1,770–1,810 yuan per ton, with some companies reducing their prices by 10–20 yuan per ton. In Anhui province, the typical ex-factory price for small particles is 1,850–1,880 yuan per ton, with prices remaining stable. In Jiangsu province, the typical price for small and medium-sized particles is 1,850–1,880 yuan per ton, also remaining stable. In Shanxi province, the price for large and small particles is around 1,680–1,700 yuan per ton, with prices stable. In Inner Mongolia, the typical transaction price for small and medium-sized particles is around 1,560–1,600 yuan per ton, with prices stable. In Hubei province, the typical price for small particles is 1,830–1,850 yuan per ton, stable as well. In Shaanxi province, the local sales price for small and medium-sized particles is around 1,750–1,770 yuan per ton, while the price for shipments to other areas is 1,703 yuan per ton, with prices stable. In Guangxi province, the typical wholesale price for small and medium-sized particles is around 1,930–1,940 yuan per ton, stable. In Sichuan province, the ex-factory price for small and medium-sized particles is around 1,780–1,860 yuan per ton, stable. In Guangdong province, the typical wholesale price for small particles is 1,970–1,990 yuan per ton, with a decrease of 10–20 yuan per ton. In Xinjiang province, the ex-factory and transaction prices are around 1,400–1,480 yuan per ton, stable. In Jilin province, the price for small urea particles is around 1,800–1,820 yuan per ton, stable. In Heilongjiang province, the transaction price for small urea particles produced by local manufacturers is 1,720 yuan per ton, with a rise of 20 yuan per ton. In Liaoning province, the price for small urea particles transported by truck is 1,790–1,840 yuan per ton, with prices negotiable; overall, prices remain stable. The urea market continues to show weak trends, with prices dropping by 10–20 yuan per ton in Anhui, Henan, Shandong, and Shanxi. Domestic demand is limited, so compound fertilizer manufacturers adjust their production according to demand. There is only occasional sales for agricultural use, and most companies focus on fulfilling existing orders. New orders are few, and prices generally follow market conditions. However, there are still reports of reduced production in the near term, which could lead to tighter supply and boost domestic confidence. It is expected that urea prices will remain stable in the short term, with only slight fluctuations. Special attention should be paid to bidding developments and domestic environmental regulations.