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Urea price trends across China on December 12

2019-12-13View Original

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Urea price trends across China on December 12 Author/Source: China Fertilizer Network Date: 2019-12-12 Clicks: 33 The prices of urea in regions such as Shandong and Hebei remain stable for now, while prices in Henan have seen a slight decline. Currently, the mainstream ex-factory price of urea in Shandong region is 1670–1720 yuan per ton (the same unit applies below). In Linyi region, compound fertilizer manufacturers are offering a purchase price for urea of 1730–1740 yuan per ton. Although these prices remain stable for now, the transaction prices at some large manufacturers are gradually approaching these quoted levels. Demand from the downstream market is relatively modest, while there is still demand from the industrial sector; however, the agricultural market is progressing slowly. As a result, supply pressures on manufacturers are becoming slightly more evident. It is expected that urea prices will experience slight fluctuations in the near future, with no significant increases or decreases anticipated ; The prevailing ex-factory price of urea in Hebei region is 1,690–1,720 yuan; some companies have raised their prices slightly. There is a decent level of demand from downstream markets, and some of these markets have begun to place orders in moderate quantities. Production levels remain stable for now, with no supply pressures in the short term. Companies are inclined to maintain high prices, and there is no significant drop in prices at present ; The standard ex-factory price of urea in the Henan region is 1,700 yuan; in order to increase sales, some larger manufacturers have reduced their premium prices slightly, with the reference transaction price for these manufacturers ranging from 1,690 to 1,700 yuan ; The standard ex-plant price of urea in the Shanxi region is 1,640 yuan, while that for large-grained urea is also 1,640 yuan ; The prevailing ex-factory price of urea in Anhui region is 1,740–1,750 yuan ; The mainstream ex-plant price of urea in Jiangsu region is 1,770 yuan ; The prevailing ex-factory price of urea in Liaoning region is 1,670–1,720 yuan. In summary, urea prices have seen slight adjustments recently, but there is potential demand in the future. Regional market prices: Unit: yuan/ton (bold in the table refers to large-grain urea)

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