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Urea price trends across China on May 7

2023-05-11View Original

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Urea price trends across China on May 7 Author/Source: Fertilizer Circle Date: 2023-05-07 Clicks: 28 Today is Sunday, May 7, 2023; after the May Day holiday, urea prices in China remained stable but slightly weak, with some increases of 10–20 yuan per ton. The mainstream ex-factory price is around 2,300–2,350 yuan per ton, and buyers in the downstream sector tend to adopt a wait-and-see attitude, approaching purchases with caution. As of Saturday, the ex-plant prices for small and medium-sized particles in Shandong region are around 2300–2370 yuan per ton ; In the Henan region, the standard ex-factory price for small to medium-sized particles is 2,350–2,380 yuan per ton ; In the Hebei region, the reference ex-factory price for small-grained products is 2300–2320 yuan per ton ; In the Anhui region, the reference ex-factory price for small-grain products is 2400–2450 yuan per ton ; For small and medium-sized particles in the Jiangsu region, the factory price range is approximately 2,420–2,470 yuan per ton ; For the Hubei region, the reference ex-plant price for small particles is around 2,450 yuan per ton ; The prevailing ex-factory price for small and medium-grained urea in the Shanxi region is around 2,250–2,400 yuan per ton. According to a survey conducted by the Nitrogen Fertilizer Industry Association on May 2, 2023, the national daily production of urea was approximately 172,500 tons, with an operational rate of around 79.17%. Among these, the operational rate of urea production plants that use coal as raw material was 78.47%, while that of plants using natural gas or coke oven gas as raw material was 81.14%. The operating rate of urea manufacturers across the country decreased by 0.85 percentage points compared to last week, but increased by 2.40 percentage points on a year-on-year basis. Among them, the operating rate of manufacturers using coal as raw material dropped by 4.33 percentage points compared to last week, while increasing by 0.65 percentage points on a year-on-year basis; the operating rate of manufacturers using natural gas as raw material increased by 9.00 percentage points compared to last week, with a year-on-year increase of 7.27 percentage points. The following are the urea price trends reported by the Nongshida Information and Coordination Team for reference only: In the Heze area of Shandong, Shandong Ruixing medium-grained urea costs 2,390 yuan per ton upon arrival at the warehouse. Dezhou area, Shandong: Yesterday, the price of medium-grained urea from Dezhou Hualu Hengsheng reached 2,400 yuan per ton upon delivery. Mianyang area, Sichuan: The ex-factory price of Meiqing urea in Sichuan is 2,500 yuan per ton. Xiaoxian County, Suzhou City, Anhui Province: The price of Luhua Hengsheng urea at home is 2,460 yuan per ton. Mudanjiang area, Heilongjiang: The price of urea in Daqing, Heilongjiang is 2,350 yuan per ton at the factory outlet. Hebi region, Henan: The incoming price for Anyang Zhongying is 2,445 yuan per ton, while the incoming price for Xinlianxin Granules is 2,465 yuan per ton.

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