Urea price trends across China as of 2016.8.24

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Urea price trends across China Author/Source: China Fertilizer Network Date: 2016-08-24 Clicks: 9 There is virtually no demand for urea in the agricultural sector, and there are few positive factors regarding exports. The role played by industrial compound fertilizer manufacturers in driving demand has weakened slightly, resulting in fluctuating urea prices. New orders for compound fertilizer factories in Shandong region have slowed down; some urea manufacturers are concerned about rising inventory levels. The main export prices have dropped by 10 yuan per ton, to 1140–1160 yuan. The purchase prices in Linyi... (Some details are available in the member area; same applies below) ； Some manufacturers in Hebei region have raised the prices of urea, as the port orders awaiting shipment can be fulfilled until the end of the month. The current average ex-factory price has increased by 10 yuan, to 1140–1160 yuan. However, there are few sales at higher price levels; one manufacturer’s ex-factory price is only…… ； In the Henan region, the mainstream ex-factory prices have remained stable at 1160–1170 yuan after an increase; some manufacturers with better sales performance have raised their prices, but there is still considerable room for negotiation regarding transaction terms ； The prevailing ex-factory prices in Anhui region remain stable at 1,170–1,210 yuan. According to China Fertilizer Network, manufacturers offering higher-quality products sell their products at 1,190–1,200 yuan, with slightly better sales performance ； In the Guangxi region, the mainstream ex-factory prices have dropped by 80 yuan, with lower-end prices ranging from 1,400 to 1,480 yuan; higher-end products are listed at their marked prices, and sales take place at those prices upon leaving the factory…… ； In the Guizhou region, the main factory prices for the lower-end products have dropped by 80 yuan, to between 1,300 and 1,500 yuan. Sales performance remains average, while there are hardly any sales at the higher price points. It is reported that manufacturers are sending orders to Yunnan and Guangxi from their factories… In terms of exports, China’s total urea exports from January to July amounted to 5.78 million tons, a decrease compared to the 7.74 million tons exported during the same period in 2015. Internationally, …… Overall, there are still few positive factors on the export side for now. Domestic demand in the agricultural sector has declined, and some areas continue to face environmental inspections. Fertilizer manufacturers are purchasing less urea; moreover, the supply remains slightly higher than the demand. Therefore, urea prices are likely to remain stable in the short term. As fertilizer manufacturers reduce their purchases and urea production rates increase, urea prices will continue to stay low. 　　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