Urea price trends across China as of September 9, 2016

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Urea price trends across China Author/Source: China Fertilizer Network Date: 2016-09-09 Clicks: 3 The demand for urea in the agricultural sector is low; only a few regions’ downstream distributors have begun stocking up on fertilizers. Industrial compound fertilizer manufacturers are maintaining a stable level of orders, and the overall utilization rate of urea plants is low. In most regions, urea sales have improved and prices have risen**, while in a few regions prices have seen a slight further increase. In the Shandong region, it is still mainly supplied to industrial compound fertilizer factories, and sales remain stable. The standard ex-factory price stays at 1190–1200 yuan per ton (the same unit applies thereafter); transactions often take place at a price 20 yuan lower than this figure. Some manufacturers increase their prices by 5 yuan again, while the price for delivery in Linyi is... (Some details are available in the member area; the same applies thereafter.) ； The mainstream ex-factory prices in the Two Rivers region remain stable. The production rate in Hebei is still low, and the demand from compound fertilizer manufacturers in Henan for urea remains modest. Some shipments or large orders are being made at... Some manufacturers say that downstream distributors have started to place orders gradually, so the situation should remain favorable in the short term ； In the Shanxi region, demand from the industrial and agricultural sectors is not satisfactory; exports remain the main way of selling products. However, due to better market conditions in regions such as Jiangsu and Anhui, the current average export price in Shanxi has increased by 20 yuan, reaching 1120–1140 yuan. For larger orders, the price is slightly lower by 20 yuan ； In the Fujian region, the mainstream ex-factory prices have increased by 30 yuan, reaching 1330–1370 yuan, mainly due to the fact that the inventory of one manufacturer that has stopped production is about to run out. Regarding ports, the total inventory of urea at the ports is... Overall, demand for industrial compound fertilizers remains stable. The overall operating rate of urea production is low; in some areas, downstream distributors have begun to stock up on a small scale. In most areas, urea prices have stabilized after rising, while in very few areas there has been a slight further increase in prices. Demand from compound fertilizer manufacturers is set to decline, and there will be few export orders for urea. In the medium to long term, prices may start to fall, probably within half a month. 　　Regional market prices: Unit: yuan/ton (bolded values in the table refer to large-grain urea) http://img8.fert.cn/image/20160908/20160908150772327232.bmp http://www.nmtech.com.cn/sys/sec_zxwz.jpg