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Urea price trends across China on September 1 Author/Source: Yuege Agri-Materials Network Date: 2020-09-01 Clicks: 10 Prices of urea in China are mainly on a wait-and-see note, with slight upward fluctuations in some areas. Compared to last Friday, prices in Shandong increased by 10–50 yuan per ton, those in Henan rose by 20 yuan per ton, prices in some areas of Anhui increased by 20 yuan per ton, and prices in certain areas of Shaanxi increased by 10–20 yuan per ton for shipments outside that region. At present, the demand driven by essential needs in the domestic market remains limited; there are few orders in the agricultural sector, while industrial purchases are made on a demand-based basis. The overall domestic sales market remains weak. However, thanks to improvements in printing and labeling activities, new orders at some ports have increased slightly, and shipments from ports have seen a modest improvement. There is a general atmosphere of caution, and some markets near ports intend to raise prices further. It is expected that the market will continue to show a steady, cautious upward trend in the near future. In the Shandong region, the ex-factory prices for small and medium-sized granules range from 1,700 to 1,740 yuan per ton; the prevailing transaction prices are around 1,650–1,700 yuan per ton. In the Linyi area, the market purchase price for such granules is 1,700 yuan per ton, while in the Heze area, it ranges from 1,690 to 1,700 yuan per ton. In Hebei, the ex-factory price for small granules is approximately 1,740–1,790 yuan per ton, with typical transaction prices at around 1,720–1,760 yuan per ton. In Henan, the prevailing ex-factory price for small and medium-sized granules is 1,660–1,700 yuan per ton. In Anhui, the typical ex-factory price for small granules is estimated at 1,700–1,740 yuan per ton. In Jiangsu, the standard quoted price for small and medium-sized granules is roughly 1,680–1,800 yuan per ton. In Shanxi, the export price for small granules is around 1,580–1,620 yuan per ton, while that for large granules is approximately 1,620–1,650 yuan per ton. Supported by the Indian tender results, market sentiment has improved, and manufacturers remain keen on maintaining current price levels. On the supply side, the operating rate of domestic urea manufacturers has seen a slight decline, but some plants that were under maintenance earlier will resume operations in the near future; as a result, the overall operating level of urea production remains stable. On the demand side, downstream industries such as those involved in industrial sheets and compound fertilizers adjust their purchases according to market conditions, with suppliers ordering goods based on actual needs. It is expected that the domestic urea market will remain stable with slight increases in the near term; particular attention should be paid to the operation status of urea production facilities and the volume of tenders for purchases in India.