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Urea price trends across China as of 8/18/2016

2016-08-18View Original

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Urea price trends across China Author/Source: China Fertilizer Network Date: 2016-08-18 Clicks: 12 There is virtually no demand for urea in the agricultural sector, and the volume of purchases by industrial compound fertilizer manufacturers and other parties has increased only slightly; overall, the urea market remains stable but weak. The prevailing ex-factory price of urea in Shandong region remains stable at 1120–1130 yuan per ton (the same unit is used thereafter). Overall sales conditions have improved slightly, with some manufacturers raising their ex-factory prices by 10 yuan. The purchase price in Linyi... (Some details can be found in the member area; the same applies here.) ; The mainstream ex-factory prices in Hebei region remain stable at 1,110–1,130 yuan. Some manufacturers continue to handle orders related to ports, while certain large manufacturers have suspended production of some of their equipment…… ; In the Henan region, the standard ex-factory prices remain stable at 1130–1150 yuan; there is considerable room for negotiation regarding transaction prices. There has been limited tentative purchasing of industrial compound fertilizers, and their prices remain low for now ; The overall production rate in Jiangsu region... The prevailing ex-factory prices remain stable at 1,200–1,240 yuan. Some manufacturers may resume production in a few days, but one large manufacturer has plans for maintenance work ; After the agricultural demand in the Guangxi region subsided, urea sales remained sluggish; the prevailing ex-plant price stayed around 1480 yuan, with very low transaction volumes ; The prevailing ex-factory prices in the Shaanxi region remain stable at 1,160–1,200 yuan. There is very little demand from both industrial and agricultural sectors, resulting in weak transaction activity…… ; Two large factories in the Xinjiang region have stopped production for maintenance,... Manufacturer prices remain stable, while sales performance is modest. Internationally, …… Overall, there are still few positive factors on the export side; demand in the domestic agricultural sector has essentially come to an end, and the increase in purchases of compound fertilizers is not significant. Therefore, it is expected that urea prices will remain stable or slightly decline in the short term. However, if market conditions for compound fertilizers improve in the second half of the month and positive developments on the international front continue, urea prices could stabilize or see a slight increase.   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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