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On February 25, urea price trends across various regions in China. Author/Source: Yuege Agricultural Supplies Network. Date: February 25, 2020. Page views: 56. In most regions of China, the quoted prices for urea have generally increased. Driven by market demand, agricultural markets in regions such as Shandong and Henan are currently in the peak season for fertilizer preparation; there are many customers making purchases in these agricultural markets, and overall prices remain high. Transportation has seen some improvement; at present, road transport in areas such as Shandong, the Two Rivers region, and Shanxi is basically fully operational. Inventory levels in the downstream market are currently low. As the market gradually recovers in the near term, supply is bound to become scarce. Consequently, purchasing activity in the downstream market will increase, with demand becoming quite urgent, thereby driving prices upward. The current factory price for Anhui Hong Sifang small-grain urea is 1,780 yuan per ton; prices are negotiable on a case-by-case basis. The plant is operating normally, with a daily production of 1,000 tons, and there is some inventory available. Supplies are mainly supplied to the surrounding areas; existing orders continue to be fulfilled, while new orders are added in moderation. Shipments are satisfactory. The urea production plant in Henan Jin Kai is operating normally, with a daily output of around 400 tons. The factory price today is 1,720 yuan per ton for medium-sized particles, and 1,730 yuan per ton for large-sized particles; the actual transaction price will be determined later. Advance orders are being processed as usual, with purchases from related industries and agriculture continuing; overall transaction activity is positive. Recently, the mainstream ex-factory price for enterprises in the province is around 1,680–1,700 yuan per ton. The reference factory price for Henan Xinlianxin small-grain urea is 1,720 yuan per ton. The plant is operating normally, with a current daily production of 5,500 tons, of which over 4,000 tons are ordinary urea. Previous orders are being fulfilled as usual; new orders are performing well, and advance payments are sufficient. Shandong region: The ex-factory price for small and medium-sized particles is 1,700–1,760 yuan per ton, while the typical transaction price ranges from 1,690–1,700 yuan per ton. In Linyi, the market price for such particles is 1,770–1,780 yuan per ton. In Heze, the purchase price for small and medium-sized particles is around 1,740–1,750 yuan per ton, with a price increase of 20–40 yuan per ton. In Hebei, the ex-factory price for small particles is around 1,700–1,710 yuan per ton, while the typical transaction price is about 1,690 yuan per ton, with a price increase of 10–40 yuan per ton. In Henan, the ex-factory price for small and medium-sized particles is 1,720–1,750 yuan per ton, with a price increase of 20–60 yuan per ton. In Anhui, the ex-factory price for small particles is around 1,740–1,780 yuan per ton, with a price increase of 20–40 yuan per ton. In Jiangsu, the ex-factory price for small and medium-sized particles is 1,760–1,810 yuan per ton, with a price increase of 30–60 yuan per ton. In Shanxi, the price for small particles sold externally is around 1,650–1,670 yuan per ton, with a price increase of 20–50 yuan per ton. In Inner Mongolia, the typical price for small and medium-sized particles sold externally is around 1,550 yuan per ton, with a price increase of 50 yuan per ton. In Shaanxi, the local sales price for small and medium-sized particles is around 1,640–1,710 yuan per ton, with a price increase of 40 yuan per ton. In Guangxi, the typical wholesale price for small and medium-sized particles is around 1,880–1,900 yuan per ton, with a price increase of 30–50 yuan per ton. In Sichuan, the ex-factory price for small and medium-sized particles is around 1,720–1,820 yuan per ton, with a price increase of 40–60 yuan per ton. In Guangdong, the typical wholesale price for small particles is around 1,880–1,900 yuan per ton, with a price increase of 30–40 yuan per ton. In Xinjiang, the transaction price at the factory is around 1,350–1,410 yuan per ton, with a price increase of 30 yuan per ton. In Jilin, the price for small particles containing urea is around 1,750–1,790 yuan per ton. In the Heilongjiang region, the reference price for small-grain urea is 1750–1800 yuan per ton. In the Liaoning region, the freight cost for small-grain urea by road transport is 1720–1770 yuan per ton, with the actual transaction price subject to negotiation. Urea market prices have seen a significant rise, with increases of 50–100 yuan per ton in the North China region. At present, the agricultural demands that had been suppressed earlier, along with the gradually recovering industrial demand, are being released rapidly as logistics constraints have significantly eased. Except for a few factories located in areas severely affected by the pandemic, inventory pressure at other upstream factories has been significantly reduced and has largely returned to average levels. Due to tight supplies in the agricultural sector, most factories have reduced their shipping radius to core areas, focusing primarily on meeting local demand. Due to the rapid rise in prices over the past few days, local market prices have now exceeded the factory outlet prices; it is expected that market prices will continue to rise slightly in the short term. At present, some domestic downstream compound fertilizer manufacturers have gradually resumed operations, leading to a slight increase in industrial demand. Along with the peak season for agricultural use, overall market demand remains satisfactory. Due to pandemic-related restrictions, there were shortages in the downstream market; however, as transportation operations have largely returned to normal, there is a strong tendency to stock up, resulting in a relatively active trading atmosphere in the market. There is a bullish sentiment among market participants, and it is expected that the domestic urea market will continue to show an upward trend in the near future. To understand the specific market trends, it is necessary to pay attention to the resumption of operations in downstream industries as well as the progress of fertilizer preparation for agricultural use.