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Urea price trends across China on December 11

2019-12-12View Original

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Urea price trends across China on December 11 / Author/Source: Yuege Agri Supplies Network / Date: 2019-12-11 / Clicks: 10. The mainstream urea market in China remains stable, with slight price increases in some areas; overall, the trading atmosphere has weakened slightly. Due to orange and red air quality warnings in many areas of the main regions in recent days, industrial production activities in some local areas have decreased slightly; as a result, suppliers are becoming more cautious in their purchasing decisions, opting to buy only when prices are low. Business owners place preliminary orders; some are sent out for export through ports, and most manufacturers do not face any sales pressure at the moment. It is expected that the domestic urea market will remain stagnant in the short term; going forward, attention will be focused on the purchasing behavior of compound fertilizer manufacturers and changes in the operating rates of urea producers. Hualu Hengsheng’s medium-sized particles are priced at 1690 (stable), while large-sized particles cost 1820 (stable). Hebei Dongguang’s small-sized particles are priced at 1710 (up 10); Henan Xinlianxin’s particles are priced at 1710 (stable). Shanxi Fengxi has suspended orders. Jiangsu Linggu’s particles are priced at 1770 (stable), Anhui Haoyuan’s particles range from 1740 to 1760 (stable). Inner Mongolia Boda’s particles are priced at 1530 (up 30). Shaanxi Shanhua’s particles are priced at 1640 to 1690 (stable), and Xinjiang Yankuang’s particles are priced at 1330 (stable). In Shandong province, the ex-factory price for small and medium-sized particles is 1,690–1,730 yuan per ton; the typical transaction price ranges from 1,670–1,690 yuan per ton. In Linyi market, the transaction price is around 1,730–1,740 yuan per ton, while in Heze market it is approximately 1,720–1,730 yuan per ton. Prices remain stable for now. In Hebei province, the ex-factory price for small particles is around 17,100–17,200 yuan per ton; the typical transaction price is about 1,680–1,690 yuan per ton. Some companies have raised their prices by 20 yuan per ton. In Henan province, the typical ex-factory price for small particles is 1,680–1,720 yuan per ton, with prices remaining stable. In Anhui province, the typical ex-factory price for small particles is around 1,740–1,780 yuan per ton, with prices stable as well. In Jiangsu province, the typical price for small and medium-sized particles is around 1,770–1,780 yuan per ton, while the actual transaction price ranges from 1,750–1,780 yuan per ton, with prices stable. In Shanxi province, the transportation cost for small and medium-sized particles is around 1,630–1,640 yuan per ton, while that for larger particles is around 1,640–1,650 yuan per ton, with prices increased by 10–20 yuan per ton. In Inner Mongolia, the typical transaction price for small and medium-sized particles is around 1,500–1,520 yuan per ton, while the price for larger urea particles is 1,570 yuan per ton, with prices stable. In Hubei province, the typical price for small particles is 1,740–1,760 yuan per ton, with prices increased by 20 yuan per ton. In Shaanxi province, the local sales price for small and medium-sized particles is around 1,690 yuan per ton, while the price for products sold outside the region is around 1,650 yuan per ton, with prices stable. In Guangxi province, the typical wholesale price for small and medium-sized particles is around 1,890–1,910 yuan per ton, with prices stable. In Sichuan province, the ex-factory price for small and medium-sized particles is around 1,780–1,880 yuan per ton; some companies have raised their prices by 30 yuan per ton. In Guangdong province, the typical wholesale price for small particles is around 1,890–1,910 yuan per ton, with prices stable. In Xinjiang province, the transaction price is around 1,360–1,450 yuan per ton, with prices stable. In Jilin province, the price for small urea particles is around 1,790–1,820 yuan per ton, with prices stable. In Heilongjiang province, the transaction price for small urea particles produced by local manufacturers is around 1,720 yuan per ton, with prices stable. In Liaoning province, the transportation cost for small urea particles is around 1,620–1,720 yuan per ton, with prices negotiable, and overall prices remain stable. Due to air pollution, industrial activity in the areas surrounding Beijing has declined; this situation is expected to improve starting tomorrow. Overall, prices at the higher end of the market have slowed slightly, but demand remains steady, and market liquidity is acceptable. Due to the large volume available for shipment, prices at the upstream level remain strong. Currently, some factories in Inner Mongolia and Hebei are concentrating on shipping orders destined for ports; there has been good demand for new orders at factories in Shandong, while prices in Henan remain stable. Some factories with relatively rapid price increases are seeing fewer new orders. Overall, the domestic market is characterized by consolidation, with prices remaining high; factories may experience a slight decline.

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