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Urea price trends across China on October 14 Author/Source: Yuege Agri-Materials Website Date: 2019-10-14 Clicks: 35 Demand in China remains weak; agricultural demand is limited, with only occasional purchases being made, and no significant volume of sales is possible. In the industrial sector, some factories have increased their production levels, but rubber sheet manufacturers and compound fertilizer producers continue to operate based on demand. There are few positive factors either domestically or internationally, and the market situation remains uncertain, leading to cautious attitudes among downstream users. It is expected that the domestic urea market will remain stable in the short term, with only slight price fluctuations in some areas. 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 procurement 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 procurement 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%. The spot price for small-particle urea is 1,750 yuan per ton; the quote remains stable for now, with the actual transaction price determined through negotiation. The enthusiasm for procurement downstream is moderate, and the supply of urea is normal. The prevailing ex-factory price of urea in Shandong is 1,740–1,780 yuan. In Linyi, compound fertilizer manufacturers pay 1,800 yuan for urea. In Hebei, the prevailing ex-factory price of urea is 1,740–1,790 yuan, while in Henan it is 1,750–1,760 yuan. At present, the typical transaction price at large factories is around 1,720–1,730 yuan. In Shanxi, the prevailing ex-factory price of urea is 1,660 yuan, with larger granules costing 1,670 yuan. The mainstream ex-factory price of urea in Anhui is 1,780–1,800 yuan, with lower-end transaction prices around 1,750 yuan. In Jiangsu, the mainstream ex-factory price of urea is 1,850 yuan. In Hubei, it is 1,780–1,800 yuan. In Liaoning, the mainstream ex-factory price is 1,710–1,760 yuan. In Heilongjiang, the price is 1,720 yuan. In Shaanxi, the mainstream ex-factory price of urea is 1,706 yuan. In Sichuan, it is 1,780–1,910 yuan. In Xinjiang, the mainstream ex-factory price of urea is 1,400–1,450 yuan.