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April 9 – Prices of urea in China. Author/Source: Yuege Agri-Materials Network. Date: 2020-04-09. Clicks: 23. The domestic urea market has seen a slight upward trend, with stability prevailing overall. The trading atmosphere in the market has improved slightly; downstream buyers, influenced by the tendency to buy when prices rise and avoid purchases when they fall, have increased their orders accordingly. Downstream manufacturers such as plywood producers and compound fertilizer companies are operating at a reasonable capacity and place orders as needed. At the same time, some supplies are being sent to ports for export, leading to an increase in new orders from enterprises. This has supported lower-end prices in the market, with some manufacturers in Shandong, Henan, Anhui, Jiangsu, Shanxi and other regions raising prices by 10–20 yuan per ton. It is expected that the domestic urea market will remain stable in the short term, with manufacturers adjusting their prices flexibly based on their own sales performance. Hualu Hengsheng’s medium-sized particles are priced at 1680 (a 10% increase), while large-sized particles cost 1930 (a 20% decrease); Hebei Dongguang’s small-sized particles are priced at 1720 (no change), and large-sized particles cost 1950 (no change); Henan Xinlianxin’s products are priced at 1690 (a 10% increase); Shanxi Fengxi’s products are priced at 1600 (no change); Jiangsu Linggu’s products are priced at 1750 (no change); Anhui Haoyuan’s products are priced at 1740 (no change); Inner Mongolia Boda’s products are priced at 1470 (a 40% decrease); Shaanxi Shanhua’s local sales products are priced at 1656 (a 50% decrease); Xinjiang Yankuang’s products are priced at 1400 (no change). The prevailing ex-factory prices for small-grain urea in the Shandong region remain stable: Ruixing Chemical quotes 1,700 yuan per ton, with no changes in its price; Mingshui Chemical quotes 1,740 yuan per ton, also with no changes; Yangmei Pingyuan quotes 1,700 yuan per ton, again with no changes. Overall, the ex-plant price of urea in Shandong region remains stable today, with actual transaction prices determined through negotiation. The urea production equipment at Yangmei Pingyuan Chemical Co., Ltd. is operating normally. Small-particle urea costs 1,700 yuan per ton, with prices remaining stable for now. The enthusiasm for purchases downstream is moderate, and the supply of urea is normal. The urea production equipment at Shandong Jinmei Mingshui Chemical Group Co., Ltd. is operating normally, with a daily production capacity of around 1,200 tons. The price of small-particle urea is 1,740 yuan per ton; this price remains stable for now, while the actual transaction price is determined through negotiation. Shandong Ruixing Chemical Co., Ltd. has an annual urea production capacity of 1.6 million tons, and currently its daily production is around 4,000 tons. The spot price for small-particle urea is 1,700 yuan per ton; the quote remains stable for now, with the actual transaction price determined through negotiation. The enthusiasm for purchases downstream is moderate, and the supply of urea is normal. In Shandong province, the ex-factory price for small and medium-sized particles is 1,680–1,740 yuan per ton; the prevailing transaction price is around 1,660–1,680 yuan per ton. In Linyi, the market price for such particles is 1,730–1,740 yuan per ton, while in Heze it is around 1,720 yuan per ton. Some companies have raised their prices by 10 yuan per ton. In Hebei province, the ex-factory price for small particles is around 1,700 yuan per ton, with the prevailing transaction price at around 1,680–1,690 yuan per ton. The ex-factory price for large particles is around 1,940–1,950 yuan per ton, with prices remaining stable for now. In Henan province, the mainstream ex-factory price for small and medium-sized particles is 1,690–1,750 yuan per ton; some companies have raised their prices by 1 yuan per ton. In Anhui province, the mainstream ex-factory price for small particles is around 1,730–1,780 yuan per ton, with some companies raising their prices by 10 yuan per ton. In Jiangsu province, the mainstream price for small and medium-sized particles is around 1,740–1,760 yuan per ton, with some companies raising their prices by 20 yuan per ton. In Shanxi province, the export price for small particles is around 1,580–1,6230 yuan per ton, while the price for large particles is around 1,680–1,690 yuan per ton. Some companies have raised their prices by 10–20 yuan per ton. In Inner Mongolia, the mainstream export price for small and medium-sized particles is around 1,480–1,550 yuan per ton, while the price for large particles is around 1,750–1,780 yuan per ton, with prices remaining stable for now. In Hubei province, the mainstream ex-factory price for small particles is around 1,750–1,800 yuan per ton, with prices remaining stable. In Shaanxi province, the mainstream local sales price for small and medium-sized particles is around 1,650 yuan per ton, with some companies lowering their prices by 50 yuan per ton. In Guangxi province, the mainstream wholesale price for small and medium-sized particles is around 1,870–1,880 yuan per ton, with prices remaining stable. In Sichuan province, the ex-factory price for small and medium-sized particles is around 1,720–1,800 yuan per ton, with prices remaining stable. In Guangdong province, the mainstream wholesale price for small particles is around 1,850–1,860 yuan per ton, with prices remaining stable. In Xinjiang, the ex-factory and transaction price is around 1,380–1,420 yuan per ton, with prices remaining stable. In Jilin province, the transaction price for small particles containing urea is around 1,980 yuan per ton. Quotations remain stable. The transaction price for small-grain urea in Heilongjiang is around 1,790 yuan per ton; quotations remain stable as well. The freight-cost-based price for small-grain urea in Liaoning ranges from 1,720 to 1,770 yuan per ton, with the actual transaction price subject to negotiation. Quotations remain stable. In recent days, the situation regarding low prices for sales in regions such as Shandong and Henan has improved, reducing sales pressure. Many manufacturers have raised their quotations by 10–20 yuan, but most of these increases are at lower levels. New order receipts for urea manufacturers in Inner Mongolia, Shaanxi and other regions remain weak, with prices being reduced by 40–50 yuan each. Currently, the market has an ample supply, and demand remains primarily driven by the industrial sector; agricultural demand is limited. There is insufficient supportive factor, so price increases are weak.