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Urea price trends across China on March 11 / Author/Source: Business Society / Date: 2020-03-11 / Clicks: 6. The domestic urea market remains stable with only slight price increases in some areas. As urea prices keep rising, downstream buyers are less willing to pay higher prices, leading to a growing sense of caution in the market. However, most manufacturers have sufficient pre-orders and face no sales pressure, so they continue to maintain their prices. On the supply side, the overall operating rate of domestic urea manufacturers has currently risen to around 71%, with a daily production volume of about 150,000 tons; thus, the total supply of urea has increased slightly. On the demand side, sales in the agricultural sector have slowed down. The resumption of operations by panel manufacturers has improved significantly, with an increase in inquiries and purchases from suppliers. Mixing fertilizer plants are operating at high capacity, and demand for large particles remains strong. It is expected that the domestic urea market will remain stable with only slight price increases in the short term. Hualu Hengsheng’s medium-sized particles are priced at 1800 (stable), while large-sized particles cost 2020 (a 30% increase); Hebei Dongguang’s small-sized particles are priced at 1800 (stable), and large-sized particles cost 2040 (stable); Henan Xinlianxin’s products are priced at 1800 (stable); Shanxi Fengxi’s products are priced at 1750 (stable); Jiangsu Linggu’s products are priced at 1860 (stable); Anhui Haoyuan’s products are priced at 1830 (stable); Inner Mongolia Yiding’s products are priced at 1680 (a 20% increase); Shaanxi Shanhua’s local sales products are priced at 1810 (stable); Xinjiang Yankuang’s products are priced at 1570 (a 90% increase). In Shandong province, the ex-factory price for small and medium-sized particles is 1,800–1,850 yuan per ton. In Linyi, the market price for such particles is 1,860–1,870 yuan per ton. In Heze, the purchase price for small and medium-sized particles is around 1,850–1,860 yuan per ton; some companies offer prices that are 10 yuan per ton higher. In Hebei province, the ex-factory price for small particles is around 1,800 yuan per ton, while the typical transaction price is around 1,790 yuan per ton. The ex-factory price for large particles is around 2,040 yuan per ton, with prices remaining stable for now. In Henan province, the typical ex-factory price for small and medium-sized particles is 1,780–1,850 yuan per ton; again, some companies offer prices that are 10 yuan per ton higher. In Anhui province, the typical ex-factory price for small particles is around 1,820–1,850 yuan per ton, with some companies offering prices that are 10 yuan per ton higher. In Jiangsu province, the typical price for small and medium-sized particles is around 1,840–1,870 yuan per ton, with prices remaining stable for now. In Shanxi province, the price for small particles sent to other regions is around 1,750 yuan per ton, while the price for large particles under new orders is around 1,940–1,950 yuan per ton, with prices remaining stable. In Inner Mongolia, the typical price for small and medium-sized particles sent to other regions is around 1,650–1,680 yuan per ton, while the price for large particles is around 1,870 yuan per ton, with prices remaining stable. In Hubei province, the typical ex-factory price for small particles is around 1,830–1,850 yuan per ton, with prices remaining stable. In Shaanxi province, the typical local sales price for small and medium-sized particles is around 1,810 yuan per ton, with prices remaining stable. In Guangxi province, the typical wholesale price for small and medium-sized particles is around 1,950–2,000 yuan per ton, with prices remaining stable. In Sichuan province, the ex-factory price for small and medium-sized particles is around 1,910–1,930 yuan per ton, with prices remaining stable. In Guangdong province, the typical wholesale price for small particles is around 1,930–1,960 yuan per ton, with prices remaining stable. In Xinjiang, the typical transaction price is around 1,450–1,500 yuan per ton, with prices remaining stable. In Jilin province, the price for small particles containing urea is around 1,980 yuan per ton. Prices remain stable. The transaction price for small-grain urea in Heilongjiang is around 1,930–1,970 yuan per ton. In Liaoning, the freight-cost-based price for small-grain urea is 1,840–1,890 yuan per ton, with the actual transaction price subject to negotiation; some companies have raised their prices by 20 yuan per ton. The urea market continues to show an upward trend, with a positive trading atmosphere. In terms of supply, although the daily supply is gradually increasing, downstream intermediaries remain enthusiastic about purchasing, resulting in a decent level of market liquidity overall. The downstream agricultural sector is concluding its essential operations and is stockpiling some supplies; industrial demand is recovering slowly, and most urea producers are facing no pressure in terms of sales. Zhuochuang expects the domestic market to remain strong in the short term. Market prices remain stable and fluctuate little. The northeast market still has strong demand for large particles, while the southern market has not yet seen widespread activity. The resumption of operations of compound fertilizer manufacturers in the Hubei region as well as those producing rubber sheets across the country will lead to an increase in demand for certain raw materials. However, with the rising daily production of urea, there is no significant shortage at present; it is expected that prices will remain stable in the short term. Furthermore, the situation regarding crude oil is worth paying attention to in terms of its impact on international energy prices and urea costs. (Yuege Agricultural Inputs Website