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Urea price trends across China Author/Source: China Fertilizer Network Date: 2016-08-05 Clicks: 4 In most areas of the urea market, there is no agricultural demand for this product, and the amount of urea purchased by industrial compound fertilizer manufacturers and other entities has increased only slightly. As a result, supply remains ample, and therefore urea prices continue to decline in most regions. In the Shandong region, the mainstream ex-factory price of urea has increased by 10 yuan to 1160–1180 yuan per ton (the same unit is used below); actual transaction prices are 20 yuan lower or more. This is still due to slight agricultural demand resulting from local rainfall, as well as manufacturers’ efforts to boost demand in a market that is currently weak. However, given that the shortage this time is relatively small, there is not much support from the industrial sector, so it is expected that prices will decline in the coming period ； The prevailing ex-factory prices in Hebei region remain stable at 1,110–1,130 yuan, with moderate transaction activity ； In the Henan region, the mainstream ex-factory prices have increased by 20 yuan, reaching 1150–1160 yuan; it is reported that sales performance remains average…… (The omitted parts can be found in the member area; the same applies below.) ； In the Anhui region, demand in both the industrial and agricultural sectors is moderate. The standard factory prices have dropped by 20 yuan, ranging from 1180 to 1210 yuan. Only a few manufacturers report slightly better sales, owing to lower temperatures and reduced production levels ； In Hubei region, the main export prices for high-end products have dropped by 10 yuan, to 1240–1250 yuan. This is mainly due to the strong competition from imported goods, as well as the low demand from local industries and agriculture at present, which makes it difficult for manufacturers to sell their products. Internationally, small-grained urea in the Black Sea…… On the export side, the export price of large-grained urea from China has dropped to around $185 per ton FOB, while the price for small-grained urea… Overall, there are no positive factors affecting exports, and the support from domestic industry and agriculture is also very weak. Urine inventory levels in the market have increased; therefore, it is expected that urea prices will 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