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Urea price trends across China on June 16 Author/Source: Yuege Agri-Materials Network Date: 2020-06-16 Clicks: 97 Currently, urea prices are generally stable but on a downward trend; prices in the main production areas have declined. Manufacturers in Shandong, the Two Rivers region, Shanxi, Anhui, Inner Mongolia, Shaanxi and other places have reduced the prices of small-grained urea by 10–40 yuan, while those in Shandong have seen a larger reduction in the price of large-grained urea, ranging from 60–70 yuan. Some maintenance companies are expected to resume operations, resulting in an ample supply in the market; therefore, urea prices are likely to experience only slight fluctuations in the short term. In terms of agricultural demand, the need for top-dressing in the Northeast and Northwest markets is relatively limited. Agricultural demand in North China is weak, and the production of compound fertilizers has entered a low-season period. There is still a need to restock fertilizers in the markets along the rivers, but the pace of purchases has slowed down under these conditions. In terms of industrial demand, compound fertilizer manufacturers have largely finished producing high-nitrogen fertilizers and are purchasing little urea, while panel manufacturers mainly purchase as needed when prices are low. The ex-factory price for small and medium-sized particles in Shandong is 1,660–1,700 yuan per ton, while in Hebei the ex-factory price for small particles is around 1,650–1,670 yuan per ton, with the ex-factory price for large particles being around 1,750 yuan per ton. In Henan, the mainstream ex-factory price for small and medium-sized particles is 1,620–1,670 yuan per ton. In Anhui, the mainstream ex-factory price for small particles is around 1,710–1,730 yuan per ton. In Jiangsu, the mainstream price for small and medium-sized particles is around 1,730–1,760 yuan per ton. In Shanxi, the ex-factory price for both small and large particles is around 1,560–1,570 yuan per ton. At some enterprises, the ex-factory prices are as follows: Shandong Hualu-Hengsheng quotes 1,660 yuan per ton for medium-grained urea and 1,700 yuan per ton for large-grained urea. Henan Xinlianxin quotes 1,650 yuan per ton for small-grained urea. Market transactions remain sluggish, with new orders coming in slowly. For domestic sales of small-grain urea produced by Shandong Mingshui Dahuahua, the reference price is 1,700 yuan per ton; the price for external shipments is subject to negotiation on a case-by-case basis. Shandong Ruixing Chemical offers small-particle urea at 1,650 yuan per ton in cash; the price has seen a slight decrease of 10 yuan per ton, with the actual transaction price being determined through negotiation. Yangmei Pingyuan Chemical’s small-particle urea is priced at 1,680 yuan per ton; the price remains stable for now, with the actual transaction price determined through negotiation. The price of small-particle urea produced by Shandong Jinmei Mingshui Chemical is 1,700 yuan per ton, and this price remains stable for now.