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Urea price trends across China as of August 4, 2016

2016-08-04View Original

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Urea price trends across China Author/Source: China Fertilizer Network Date: 2016-08-04 Clicks: 2 In most areas of the urea market, there is no agricultural demand for it, and the volume of purchases by industrial compound fertilizer manufacturers and other entities has increased only slightly; as a result, supply remains ample, which keeps overall urea prices falling. In the Shandong region, the mainstream ex-factory price of urea has increased by 10 yuan to 1150–1180 yuan per ton (the same unit applies hereafter); actual transaction prices are 20 yuan lower or even more so. This is mainly due to slight agricultural demand following local rainfall, coupled with a low level of production activity in the area. The price for delivery in Linyi is... (some details are available in the member section; the same applies hereafter). However, given the limited demand at present, it is expected that prices will drop soon ; The mainstream ex-factory prices in Hebei region remain stable at 1,110–1,140 yuan; transactions tend to occur at lower price levels. Today, a few ex-factory prices that were higher than this range have dropped by 20 yuan ; The prevailing ex-factory prices in the Henan region remain stable at 1,130–1,160 yuan; prices can be negotiated upon transaction, it is reported…… ; In the Jiangsu region, the standard ex-factory prices have dropped by 30 yuan, ranging from 1220 to 1310 yuan; larger orders are priced 20 yuan lower ; The mainstream ex-factory prices in the Guizhou region have dropped to 1,360–1,500 yuan; some orders destined for Yunnan are shipped at these prices…… ; In the Shaanxi region, the mainstream factory prices for high-end products have dropped by 50 yuan, to between 1160 and 1200 yuan,… Internationally, India’s total urea imports from January to May amounted to nearly 2.66 million tons, a decrease of almost 28% on a year-on-year basis,... Regarding ports, it is reported that the price at major ports such as Yantai Port in the early stage was 1,140 yuan or slightly higher; the current price upon arrival at the port is... Overall, there are still few positive factors for exports, and the support from domestic industry and agriculture is also very weak; therefore, urea prices are expected to continue to fall in the short term.   Regional market prices: Unit: yuan/ton (bold numbers in the table refer to large-grain urea) http://www.nmtech.com.cn/sys/sec_zxwz.jpg

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