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Urea price trends across China Author/Source: China Fertilizer Network Date: 10-20-2016 Clicks: 12. Some manufacturers in the urea market have a large number of orders pending, resulting in limited supply of urea in the short term. The production costs of urea remain high, and the operating rates stay low. The prevailing ex-factory prices in regions such as Jiangsu, Hubei, Shaanxi, and Liaoning have increased. As the domestic market is in its off-season, downstream buyers are less willing to pay higher prices for urea. Urea manufacturers in certain areas report that new orders are average, and prices have risen; in very rare cases, there has been a slight decrease in prices for high-end products. Some manufacturers in the Shandong region are still processing previous orders, so there is no significant sales pressure at present. The standard ex-factory price remains stable at 1240–1250 yuan per ton (the same unit is used throughout). New orders are modest in volume; those manufacturers whose prices were previously higher have reduced them by 10 yuan. The price for receiving goods in Linyi is… (Further details can be found in the member area, the same applies here.) ； Some manufacturers in the Two Rivers region have good prospects for pending orders, while new orders at high prices are performing averagely; mainstream factory prices have stabilized after rising ； Manufacturers in the Jiangsu region are seeing good sales performance, and the operating rate is… The mainstream ex-factory prices have increased by 10 yuan, to 1310–1360 yuan ； Prices in Hubei are relatively lower compared to neighboring areas. Manufacturers are seeing good demand for new orders; the standard ex-factory prices have increased by 30–50 yuan, reaching around 1,300 yuan. Some manufacturers, however, are controlling the number of orders they accept ； Manufacturers in the Shaanxi region have been receiving orders at a good pace recently, with the standard export prices rising by 20 yuan to 1200–1240 yuan ； Urea manufacturers in Guangxi region have not resumed production, with the prevailing ex-plant price remaining around 1480 yuan,... It is reported that dealers are currently more willing to accept low-priced supplies from other provinces ； Some compound fertilizer manufacturers in the areas surrounding Liaoning have purchased small quantities of products; local urea producers currently face little pressure in terms of inventory levels. The standard factory prices have risen by 50 yuan, to 1200–1240 yuan…… Distributors remain very reluctant to build up inventory levels. Regarding large-grain products, the mainstream ex-factory prices in Jiangsu region have increased by 40 yuan at the lower end, reaching 1380–1390 yuan. Regarding ports, the current total inventory of urea at ports is... Internationally, the price of large-grain urea in New Orleans, USA, has risen to $190–200 per short ton FOB ； Egypt…. Overall, the amount of urea available in the market in the short term is limited, which puts significant pressure on urea costs. The overall production level remains low, and many manufacturers have raised their prices. However, since it is a low-demand season domestically, downstream users are not very willing to pay high prices for urea. It is expected that the number of regions where prices will continue to rise will decrease, and urea prices should remain stable. Manufacturers in Inner Mongolia will gradually resume production, and the situation regarding the export of urea from Xinjiang should also improve slightly next month. As the supply of urea increases, prices might drop slightly. Going forward, attention will need to be paid to developments in the export sector.