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Urea price trends across China on June 2 Author/Source: Yuege Agri-Materials Network Date: 2020-06-02 Clicks: 9 Prices remain stable in Shandong, while prices in the Two Rivers region, Shanxi, Inner Mongolia and other areas continue to rise, by 10–20 yuan per ton. The number of enterprises engaged in maintenance work is still increasing, and the supply of urea is expected to decrease further. Manufacturers are keen to maintain high prices, so it is anticipated that urea prices will continue to rise this week. In regions such as Shandong and Sichuan, demand from the agricultural and industrial sectors is relatively weak, so prices remain stable; in Sichuan, some companies have reduced prices by around 30 yuan per ton. Starting at 12 p.m. on June 7, the Zhengzhou Railway Bureau will cease its preferential transportation policies, which will affect the transportation costs for urea manufacturers in Shanxi and may lead to further variations in urea prices in that region. Prices of some companies in the main production areas: Shandong Hualu Hengsheng offers small-grained urea at 1,650 yuan per ton, while large-grained urea is priced at 1,750 yuan per ton. Shandong Ruixing’s urea price at the factory is 1,630 yuan per ton, with no changes in this price. Shandong Mingshui Chemical’s urea price at the factory is also 1,630 yuan per ton, again with no changes. Shandong Yangmei Pingyuan’s urea price at the factory is 1,670 yuan per ton, with no changes as well. Henan Xinlianxin’s urea price at the factory is around 1,630 yuan per ton. Given the current situation, it is possible that urea prices could continue to rise in the short term; there may be significant differences in prices in certain regions, allowing downstream manufacturers to adjust their strategies accordingly.