Urea price trends across China on June 19

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On June 19, urea prices across China. Author/Source: Business Society. Date: June 19, 2020. Page views: 140. Domestic urea prices continued to decline slightly; in Shandong, Hebei, Henan, Anhui, Jiangsu, Shanxi, and other regions, prices dropped by another 10–20 yuan per ton. In terms of agricultural needs, only occasional replenishments are needed for crops such as rice and corn. The operating capacity of downstream companies that produce compound fertilizers and panels has decreased, so purchases are made in moderation when prices are low. The focus in the industry has shifted to tenders in India, and it is expected that the domestic urea market will remain weak in the short term. Quotations from some manufacturers: Shandong Hualu Hengsheng’s urea is priced at 1,670 yuan per ton; Shandong Ruixing Chemical Group’s urea is priced at 1,660 yuan per ton; Shandong Yangmei Pingyuan’s urea is priced at 1,650–1,660 yuan per ton; Henan Xinlianxin’s urea is priced at 1,650 yuan per ton; Henan Jinkai Chemical’s urea is priced at 1,620 yuan per ton; Shanxi Fengxi’s urea is priced at 1,520–1,620 yuan per ton