Forecast for the urea market trend in the second half of the year

Everything is going up; there must be an increase

Everything is rising; there must be an increase. Help those fertilizer factories that are currently in trouble

Urea prices are rising steadily. Due to a large number of prior orders and limited available stock, urea prices in Shandong, Hebei, and Henan regions remain on an upward trend. Some manufacturers have raised their prices by 20–30 yuan per ton today; currently, the ex-factory price in Shandong is between 2450–2480 yuan per ton, while in those two provinces it ranges from 2420–2470 yuan per ton. However, there are few transactions at these higher prices, as most manufacturers are focused on fulfilling their prior orders. Sales of base fertilizers in the Northeast region have largely come to an end. Currently, aside from some areas where there is decent demand for replenishment shipments, sales performance is weak in most regions. In Liaoning, prices for certain low-end products have seen a slight increase, while mainstream prices remain stable. At present, except for urea in Daqing, which still has low prices, most manufacturers are quoting prices between 2400 and 2450 yuan per ton. Market transactions in the Two Lakes region were average, but due to rising prices in the areas surrounding Shandong and high prices in Guangdong and Guangxi, some manufacturers in Hubei raised their prices by around 30 yuan per ton. Currently, the price at factories in Hubei is around 2480 yuan per ton, while in Hunan it is around 2500 yuan per ton. Overall, due to factors such as high prices, the off-season in the agricultural market, and unclear policies, trading activity in China’s urea market has slowed down, and the overall price trend has eased. Although, thanks to existing orders and relatively low sales pressure on the part of manufacturers, the overall market trend in the short term is likely to remain stable with slight upward momentum, it is expected that the current price increase has approached its peak, leaving little room for further rises. In the future, attention should be paid to changes in **policies, export shipments to ports, and fertilization during the summer season.

In any case, the urea price in the southwest is the highest in the country. . . . . . . . . . . . . . . . .