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Urea price trends across China on June 23

2020-06-23View Original

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Urea price trends across China on June 23 Author/Source: Yuege Agri-Materials Website Date: 2020-06-23 Clicks: 14 Urea prices in China remained weak; in Liaoning, prices dropped by 40 yuan per ton in some areas, in Hebei by 20–50 yuan per ton, in Shandong by 10–50 yuan per ton in some areas, in Henan by 10–20 yuan per ton in some areas, in Anhui by 10 yuan per ton in some areas, in Shanxi by 10–20 yuan per ton in some areas, in Shaanxi by 50 yuan per ton in certain areas, in Sichuan by 20 yuan per ton in some areas, and in Inner Mongolia by 20–50 yuan per ton in some areas. Demand from the agricultural sector is weak; there is little expectation of an increase in the operating capacity of downstream compound fertilizer manufacturers and plywood factories in the short term. The announcement of pricing will be delayed, and a cautious attitude prevails in the downstream market. It is expected that the domestic urea market will remain weak in the short term. Urea prices in the main production areas: In Shandong, the ex-factory price for small and medium-sized granules is 1,580–1,650 yuan per ton; in Hebei, the ex-factory price for small granules is around 1,600–1,660 yuan per ton, while that for large granules is about 1,680 yuan per ton. In Henan, the mainstream ex-factory price for small and medium-sized granules is 1,590–1,640 yuan per ton. In Jiangsu, the mainstream price for such granules is around 1,680–1,740 yuan per ton. In Shanxi, the export price for both small and large granules is around 1,500–1,540 yuan per ton. In Liaoning, the price for small granules when transported by truck is 1,700–1,750 yuan per ton. Factory prices for some companies: Anhui Hong Sifang’s small-grain product is priced at 1,690 yuan per ton; prices are negotiated on a case-by-case basis, and demand is relatively low. The ex-factory price of Henan Xinlianxin small-grain urea is 1,630 yuan per ton; new orders are performing moderately, and demand is not growing steadily. Shandong Ruixing Chemical offers small-particle urea at 1,610 yuan per ton in cash; the price has seen a slight drop, with the actual transaction price 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 1,650 yuan per ton; this price has seen a slight decline, with the actual transaction price being determined through negotiation.

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