Urea price trends across China on November 28

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Urea price trends across China on November 28 Author/Source: Yuege Agri-Materials Website Date: 2019-11-28 Clicks: 35 The domestic urea market remains stable with slight price increases. Driven by the tendency to buy when prices rise and avoid buying when they fall, some downstream buyers have entered the market to purchase goods, leading to an improvement in order intake for enterprises and enhanced circulation of supply. Additionally, supported by export orders, some companies have sufficient short-term revenue streams, which has resulted in a slight increase in the selling prices for lower-quality products. However, the domestic demand situation remains unsatisfactory at present; the upward momentum in the short term is limited, with prices mainly staying stable or seeing only slight increases. Recently, the domestic urea market has remained stable, with prices rising slightly in some areas. Affected by frequent environmental inspections in various regions during winter, rubber sheet factories operate at reduced capacity and purchase materials only as needed. Compound fertilizer manufacturers are currently operating at low levels, but some are purchasing at lower prices. Market activity is moderate, with little overall pressure; it is expected that the domestic urea market will continue to show a stable trend with slight increases in some areas in the short term. Today, the price for medium-sized particles from Hualu Hengsheng is 1680 (an increase of 20), while large-sized particles cost 1790 (also an increase of 20). In Hebei’s Dongguang region, small-sized particles are priced at 1670 (an increase of 20). Henan’s Xinxianxin offers these particles at 1690 (an increase of 10), while Shanxi’s Fengxi has a price of 1580 (an increase of 20). Jiangsu’s Linggu lists the price at 1720 (an increase of 20), and Anhui’s Haoyuan ranges from 1700 to 1720 (stable prices). Inner Mongolia’s Boda maintains a price of 1440 (stable). Shaanxi’s Shanhua has prices between 1580 and 1630 (stable), while Xinjiang’s Yankuang has a price of 1310 (stable). In Shandong province, the ex-factory price for small and medium-sized particles is 1,680–1,720 yuan per ton; the typical transaction price ranges from 1,660–1,670 yuan per ton. In Linyi market, the transaction price is around 1,710–1,720 yuan per ton, while in Heze market it is approximately 1,700 yuan per ton. Some companies have raised their prices by 10–20 yuan per ton. In Hebei province, the ex-factory price for small particles is 1,670–1,680 yuan per ton, with the typical transaction price around 1,650–1,660 yuan per ton; some companies have increased their prices by 10 yuan per ton. In Henan province, the typical ex-factory price for small particles is 1,670–1,700 yuan per ton, with some companies raising their prices by 10 yuan per ton. In Anhui province, the typical ex-factory price for small particles is around 1,700–1,750 yuan per ton, with prices remaining stable for now. In Jiangsu province, the typical price for small and medium-sized particles is 1,720 yuan per ton, while the actual transaction price ranges from 1,680–1,700 yuan per ton; some companies have raised their prices by 20 yuan per ton. In Shanxi province, the transportation cost for small and medium-sized particles is around 1,560–1,570 yuan per ton, while that for larger particles is 1,570–1,5880 yuan per ton. Some companies have increased their prices by 10 yuan per ton. In Inner Mongolia, the typical transaction price for small and medium-sized particles is around 1,440–1,520 yuan per ton, with prices remaining stable for now. In Hubei province, the typical price for small particles is 1,700 yuan per ton, with prices remaining stable. In Shaanxi province, the local sales price for small and medium-sized particles is around 1,630 yuan per ton, while the price for shipments to other areas is 1,570 yuan per ton, with prices remaining stable. In Guangxi province, the typical wholesale price for small and medium-sized particles is around 1,820–1,830 yuan per ton, with prices rising by 20–30 yuan per ton. In Sichuan province, the ex-factory price for small and medium-sized particles is around 1,600–1,810 yuan per ton, with some companies raising their prices by 30 yuan per ton. In Guangdong province, the typical wholesale price for small particles is 1,850–1,860 yuan per ton, with prices rising by 20–30 yuan per ton. In Xinjiang province, the transaction price is around 1,360–1,450 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 1,720 yuan per ton, with prices remaining stable. In Liaoning province, the transportation cost for small urea particles is 1,620–1,720 yuan per ton, with prices negotiable; overall, prices remain stable. The urea market across the country continues to show strong growth, with upstream factory prices rising by 10–20 yuan per ton. Downstream, compound fertilizer manufacturers and traders are the main buyers. In the agricultural sector, following the start of preparations for fertilization to promote the growth of winter wheat in North China, there are clear signs of increased enthusiasm for purchasing winter storage supplies in the Northeast market. In the South, rising prices at the upstream level have led to an increase in market prices as well. Due to the steady rise in domestic prices recently, market prices at the downstream level are also rising accordingly. Once the low-priced goods in the hands of traders are sold out, these prices will gradually keep pace with those at the upstream level. Overall, prices are likely to remain strong in the short term.