Urea price trends across China on September 11

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Urea price trends across China on September 11 Author/Source: Business Society Date: 2020-09-11 Clicks: 3 The domestic urea market has shown steady fluctuations on a modest scale, with overall transaction activity remaining low. On the supply side, some companies that had reduced production for maintenance in the earlier period have resumed operations, resulting in an ample supply of urea in the market. On the demand side, there is slight agricultural demand at the downstream level, while the industrial sector continues to rely on on-demand purchases. It is expected that the domestic urea market will remain stable with only minor fluctuations in the near future. The ex-factory price for small and medium-sized particles in Shandong is 1,680–1,720 yuan per ton, while the typical transaction price ranges from 1,620–1,680 yuan per ton. In Linyi, the market price for such particles is 1,670 yuan per ton, whereas in Heze it ranges from 1,650–1,660 yuan per ton. In Henan, the standard ex-factory price for small and medium-sized particles is 1,580–1,660 yuan per ton. In Shanxi, the price for small particles when shipped elsewhere is around 1,510–1,590 yuan per ton, while the price for large particles is around 1,580–1,600 yuan per ton.