Urea price trends across China as of 2016.8.10

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Urea price trends across China Author/Source: China Fertilizer Network Date: 2016-08-10 Clicks: 2 In most areas of the urea market, there is no agricultural demand; the amount of urea purchased by industrial compound fertilizer manufacturers and other entities has increased only slightly. As a result, the supply is relatively ample, which keeps urea prices low, with some manufacturers even reducing their prices further. The prevailing ex-plant price of urea in Shandong region remains stable at 1,140–1,160 yuan per ton (the same unit applies below), with further discounts available for transactions ； The prevailing ex-factory prices in Hebei region remain stable at 1,110–1,130 yuan, with transaction prices possibly being 10–20 yuan lower. China Fertilizer Network has learned that some manufacturers actually… (Omitted details are available in the member area; same applies below.) ； The mainstream ex-factory prices in the Henan region have dropped to around 1,150 yuan, leaving considerable room for negotiation. It is reported that the delivery price at the destination in Xuzhou, Jiangsu, from one major manufacturer is……… ； In the Hubei region, the standard ex-factory prices have dropped by 20 yuan, reaching 1220–1250 yuan; prices are slightly lower for industrial use…… ； Affected by the influx of goods from other regions, the mainstream ex-factory prices of urea in Fujian have dropped by 20 yuan, to between 1350 and 1450 yuan, and sales are facing difficulties. Regarding large-grained urea, I heard about an export order for 40,000 tons at FOB price... Internationally, Pakistan estimates that the surplus of urea during the period needed for its autumn harvest crops (April to September) will amount to 1.18 million tons,… Overall, support from exports and domestic industry and agriculture is very limited, and urea 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 (bolded in the table refers to large-grained urea)