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Urea price trends across China on November 1 Author/Source: Yuege Agri-Materials Network Date: 2019-11-01 Clicks: 28 With November having arrived, the urea market in China remains stable overall. New rounds of environmental restrictions on production have been implemented in regions such as Shandong, Hebei, Anhui, and Shanxi; industrial demand continues to decline, and downstream distributors are highly aware of the risks involved, resulting in a generally weak trading atmosphere. Urea manufacturers are constrained by weak demand, resulting in average sales performance; some producers still face difficulties in selling their products, while most companies adjust their strategies flexibly in response to market changes. It is expected that the domestic urea market will experience only slight fluctuations in the short term. Today’s prices are as follows: Hualu Hengsheng’s medium-sized particles are priced at 1660 (stable); Hebei Dongguang’s small-sized particles are at 1680 (stable); Henan Zhongyuan Dahuahua’s particles are also at 1680 (stable), while Shanxi Lanhua’s particles are at 1560 (stable). Jiangsu Linggu’s particles are priced at 1760, a decrease of 30. Anhui Haoyuan’s particles range from 1720 to 1740 (stable). Inner Mongolia Boda’s particles are at 1470 (stable). Shaanxi Shanhua’s particles range from 1560 to 1650 (stable), while Xinjiang Yankuang’s particles are at 1400 (stable). In Shandong province, the ex-factory price for small and medium-sized particles is 1,690–1,760 yuan per ton; the typical transaction price ranges from 1,650–1,670 yuan per ton. In Linyi market, the transaction price is around 1,700 yuan per ton, while in Heze market it is around 1,670 yuan per ton. Prices remain stable for now. In Hebei province, the ex-factory price for small particles is 1,690–1,750 yuan per ton, with typical transaction prices around 1,680–1,690 yuan per ton; prices remain stable. In Henan province, the ex-factory price for small particles is 1,650–1,700 yuan per ton, with prices remaining stable. In Anhui province, the typical ex-factory price for small particles is around 1,720–1,780 yuan per ton, with prices remaining stable. In Jiangsu province, the typical prices for small and medium-sized particles are around 1,720–1,790 yuan per ton, with prices remaining stable. In Shanxi province, the transportation cost for particles of various sizes is around 1,560–1,600 yuan per ton, with prices remaining stable. In Inner Mongolia, the typical transaction price for small and medium-sized particles is around 1,480–1,530 yuan per ton, with prices remaining stable. In Hubei province, the typical price for small particles is 1,700–1,750 yuan per ton, with prices remaining stable. In Shaanxi province, the local sales price for small and medium-sized particles is around 1,650 yuan per ton, while the price for shipments to other areas is around 1,560 yuan per ton, with prices remaining stable. In Guangxi province, the typical wholesale price for small and medium-sized particles is around 1,800–1,820 yuan per ton, with prices remaining stable. In Sichuan province, the ex-factory price for small and medium-sized particles is around 1,670–1,800 yuan per ton, with prices remaining stable. In Guangdong province, the typical wholesale price for small particles is 1,800–1,820 yuan per ton, with prices remaining stable. In Xinjiang province, the transaction price is around 1,380–1,450 yuan per ton, with prices remaining stable. In Jilin province, the price for small urea particles is around 1,790–1,820 yuan per ton, with prices remaining stable. In Heilongjiang province, the transaction price for small urea particles produced by local manufacturers is around 1,720 yuan per ton, with prices remaining stable. In Liaoning province, the transportation cost for small urea particles is around 1,650–1,750 yuan per ton, with prices subject to negotiation, and overall prices remain stable. Following Hebei province, regions such as Shandong and Shanxi have also issued orange alerts for severe air pollution and issued orders to take measures to address this issue. As current production restriction policies have a greater impact on downstream sectors, market prices in these areas have declined. Affected by the rising prices in the auctions for upstream gas supplies, the ex-factory prices of LNG across the country surged, recording the largest daily increase in recent years. In regions such as Ningxia, Gansu, Inner Mongolia, Shaanxi, and Shanxi in the northwest, prices at liquefaction plants increased by 700–1000 yuan per ton, with some manufacturers seeing increases of up to 1500 yuan per ton. If natural gas prices remain high, some gas-intensive companies may voluntarily reduce production or suspend operations for maintenance, providing modest support to the currently weak market. Yuege Agricultural Inputs Website