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Urea price trends across China on December 16 Author/Source: Yuege Agri-Materials Website Date: 2019-12-16 Clicks: 38 The high-end prices of urea have seen a slight decline; factories with large amounts of urea ready for shipment maintain relatively stable prices, while those with less urea available are facing pressure to sell their stock. On the demand side, agriculture is in its off-season, industrial operations remain relatively stable, and raw material procurement is carried out on an as-needed basis. Overall, social inventory has not increased significantly, but market sentiment has shifted from bullish to cautious. Due to a generally pessimistic outlook for the market ahead of the holiday, channels have become less inclined to build inventory; currently, traders focus on closing existing positions rather than increasing their open inventory levels. In the short term, market prices are expected to remain weak and range-bound, with slightly lower prices possible at the higher end. The main ex-factory price of urea in Shandong is 1670–1720 yuan. In Linyi, compound fertilizer manufacturers pay 1730–1740 yuan for urea. In Hebei, the main ex-factory price of urea is 1690–1720 yuan, while in Henan it is 1680–1700 yuan. In Shanxi, the main ex-factory price of urea is 1640 yuan; the price for large-grained urea is also 1640 yuan. In Anhui, the main ex-factory price of urea is 1740–1750 yuan. In Jiangsu, it is 1770 yuan. In Hubei, the main ex-factory price of urea is 1730–1760 yuan. In Inner Mongolia, it is 1510–1550 yuan. In Liaoning, the main ex-factory price of urea is 1690–1740 yuan, while in Heilongjiang it is 1740 yuan. In Sichuan, the main ex-factory price of urea is 1770–1870 yuan. In Xinjiang, it is 1355–1510 yuan. (Yuege Agricultural Inputs Website