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Urea price trends across China on April 13

2020-04-13View Original

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Urea price trends across China on April 13 Author/Source: Yuege Agri-Materials Website Date: 2020-04-13 Clicks: 1 The standard ex-factory price of urea in Shandong is 1,700 yuan per ton (the same unit applies hereafter). In Linyi, compound fertilizer manufacturers are willing to purchase urea at 1,750–1,760 yuan per ton. In Hebei, the standard ex-factory price of urea is 1,700–1,720 yuan per ton, while in Henan it is 1,700–1,710 yuan per ton. In Shanxi, the standard ex-factory price of urea is 1,670 yuan per ton, with large-grained urea costing 1,710–1,720 yuan per ton. Shandong Hualu Hengsheng’s prices for small particles are 1690, up by 20; prices for large particles are 1930, down by 20. The price in Linyi market is 1760, up by 10. Hebei Dongguang’s price for small particles is 1720, unchanged. Henan Xinlianxin’s price is 1710, up by 10. Shanxi Fengxi’s price is 1620, up by 20. Jiangsu Linggu’s price is 1780, up by 30. Anhui Haoyuan’s price is 1760, up by 20–100. Shaanxi Shenhua’s local sales price is 1650, down by 50; its price for external sales is 1590, down by 10 yuan. Inner Mongolia Boda’s price is 1470, down by 40. Xinjiang Yankuang’s price remains stable at 1400. The urea production facility in Henan Xinxinxin is operating normally, with a current daily output of 5,400 tons, of which 1,500 tons are regular urea. The ex-factory price for small particles has risen by 10 yuan per ton, reaching 1,710 yuan per ton. Existing orders will continue to be processed, while new orders will be followed up on. The urea plant in Anhui Hong Sifang is operating normally, with a production capacity of 1,000 tons per day; inventory is limited. The factory price for small particles is 1,760 yuan per ton; prices are negotiated on a case-by-case basis. Suppliers mainly supply the surrounding areas; existing orders will continue to be fulfilled, while downstream clients make purchases as needed. Recently, as manufacturers in certain areas have tentatively raised their prices, the downstream market has followed suit, driven by a tendency to buy when prices rise and avoid purchases when they fall. The agricultural markets in North China are making up for any shortages that remain. The production volumes of plywood factories and compound fertilizer manufacturers remain satisfactory, with orders being placed as needed. At the same time, some goods are being gathered for export, and companies are able to handle new orders fairly well. Today, some manufacturers in Shandong, Henan, Anhui, Jiangsu, Shanxi, Shaanxi and other regions have again increased prices by 10–20 yuan per ton. It is expected that the domestic urea market will remain stable with only slight increases in some areas in the short term, as manufacturers adjust their prices flexibly based on their own sales performance.

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