Urea price trends across China on February 3

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Urea price trends across China on February 3rd Author/Source: China Fertilizer Network Date: 2020-02-03 Clicks: 117 Due to the impact of the pandemic, this year’s Spring Festival was particularly long; market activity was sluggish, and urea prices declined slightly in various regions during the holiday. At the current stage, the prevailing ex-factory price of urea in Shandong is 1,620–1,660 yuan per ton (the same unit applies below); compound fertilizer manufacturers in Linyi pay 1,680 yuan per ton for urea ； The prevailing ex-plant price of urea in Hebei region is 1,640 yuan; some large manufacturers have suspended providing prices as production levels have declined ； The prevailing ex-factory price of urea in Henan is 1,660–1,670 yuan, with local urea prices remaining unchanged from those before the holiday ； In the Shanxi region, the standard ex-plant price for urea is 1,600 yuan, while that for large-grained urea is 1,610 yuan; these prices remain stable for now ； The prevailing ex-factory price of urea in Anhui region is 1,680–1,730 yuan; companies have not yet completed shipments scheduled for the holiday period ； The prevailing ex-plant price of urea in Jiangsu region is 1,740 yuan, with a slight decline in this price ； The prevailing ex-plant price of urea in Hubei region is 1,700 yuan, with a slight decline in prices; negotiations may result in a price around 20 yuan ； The prevailing ex-plant price of urea in Inner Mongolia is between 1,510 and 1,540 yuan, with slight declines in production at some large local coal-based factories ； Urea prices in the Northeast region remain stable for now; the main ex-factory prices for urea in Liaoning remain steady at 1660–1720 yuan ； The prevailing ex-factory price of urea in Sichuan is between 1,700 and 1,830 yuan, while prices for high-quality products in that region have seen a decline ； Some large manufacturers in Guizhou have suspended quoting, and they will enter a production halt phase in the future. In summary, although there is relatively limited urea storage in the downstream market at present, this is due to the impact of the pandemic. http://img.yf116.cn/image/img/20200203/212047680490.jpg