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Urea price trends across China on November 14 Author/Source: Date: 2019-11-14 Clicks: 35 The national urea market remains stable overall. Recently, order intake at upstream factories has been satisfactory, but factories in some areas of the north are still facing certain pressures. On the demand side, downstream compound fertilizer plants are operating at a decent level, resulting in a slight increase in demand. There are two important events in the remaining time of this week. The first is that the printing prices will be announced tomorrow; given the relatively low expectations held earlier, special attention is needed. Secondly, the weekend phosphorus compound fertilizer meeting is about to take place, and the market is awaiting the outcomes of that meeting. Hualu Hengsheng’s medium-sized particles are priced at 1650 (stable), while large-sized particles cost 1750 (stable). Hebei Dongguang’s small-sized particles are priced at 1640 (stable); Henan Zhongying’s products are priced at 1670 (an increase of 10). Shanxi Fengxi’s products cost 1560 (stable), Jiangsu Hengsheng’s products are priced at 1710 (an increase of 10), Anhui Haoyuan’s products range from 1700 to 1720 (an increase of 10). Inner Mongolia Boda’s products are priced at 1440 (stable), Shaanxi Shanhua’s products range from 1540 to 1600 (stable), and Xinjiang Yankuang’s products are priced at 1350 (stable). In Shandong region, the ex-factory price for small and medium-sized particles is 1,650–1,750 yuan per ton; the prevailing transaction price is around 1,630–1,660 yuan per ton. In Linyi market, the transaction price is approximately 1,690 yuan per ton, while in Heze market it’s around 1,670–1,680 yuan per ton. Prices remain stable for now. In Hebei region, the ex-factory price for small particles is 1,660–1,700 yuan per ton, with the prevailing transaction price at around 1,630–1,640 yuan per ton; prices remain stable as well. In Henan region, the ex-factory price for small particles is 1,650–1,700 yuan per ton, with companies raising their prices by 10–20 yuan per ton. In Anhui region, the ex-factory price for small particles is around 1,700–1,750 yuan per ton; prices remain stable. In Jiangsu region, the prevailing price for small and medium-sized particles is 1,710–1,750 yuan per ton, while the actual transaction price is around 1,660–1,730 yuan per ton. Some companies have raised their prices by 10 yuan per ton. In Shanxi region, the transport cost for small and medium-sized particles is around 1,540–1,570 yuan per ton, while for larger particles it’s 1,580 yuan per ton; prices remain stable. In Inner Mongolia region, the prevailing transaction price for small and medium-sized particles is around 1,440–1,500 yuan per ton; prices remain stable. In Hubei region, the prevailing price for small particles is 1,680–1,700 yuan per ton; prices remain stable. In Shaanxi region, the local selling price for small and medium-sized particles is around 1,600 yuan per ton, while the price for shipments to other areas is 1,540 yuan per ton; prices remain stable. In Guangxi region, the prevailing wholesale price for small and medium-sized particles is around 1,790–1,800 yuan per ton; prices remain stable. In Sichuan region, the ex-factory price for small and medium-sized particles is around 1,600–1,780 yuan per ton; prices remain stable. In Guangdong region, the prevailing wholesale price for small particles is 1,820–1,830 yuan per ton; prices remain stable. In Xinjiang region, the ex-factory and transaction prices are around 1,380–1,450 yuan per ton; prices remain stable. In Jilin region, the price for small urea particles is around 1,790–1,820 yuan per ton; prices remain stable. In Heilongjiang region, the transaction price for small urea particles produced by local manufacturers is around 1,720 yuan per ton; prices remain stable. In Liaoning region, the transport cost for small urea particles is 1,650–1,750 yuan per ton, with negotiation possible regarding the actual transaction price; prices remain stable. The urea market continues to show stability with only slight increases in some areas. Market activity is low, and overall demand has not improved significantly; only demand in certain regions has seen a slight increase, leading to minor price rises in those areas. Internationally, India’s new round of urea tendering will have the bidding deadline on November 14, with the submission period ending on November 21; the shipment is scheduled for December 19. Currently, there are no significant positive factors supporting the domestic market, and the attitude of downstream buyers remains cautious. It is expected that the domestic urea market will experience only slight fluctuations while remaining stable until the bidding process in India concludes. (Yuege Agricultural Supplies Network