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Recent Chinese Urea Price and Supply

release time:2022-09-29

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Key words of the passage: urea; fertilizer; price; market


Last week(9.20-9.26), urea of China fell first and then rose, but after entering the weekend, the rise of urea in many places slowed down, only part of the region saw a slight rise of 10-20 yuan (ton price, the same below). As of Friday, the factory quotation of urea in Shandong was 2500-2580 yuan, and the receiving price of compound fertilizer enterprises in Linyi was 2560 yuan; The factory quotation of urea in Hebei is 2550-2590 yuan; The factory quotation of mainstream urea in Henan is 2480-2510 yuan; The factory quotation of mainstream urea in Shanxi is RMB 2420-2450, and that of large particles is RMB 2440-2460. Most of the factories still have the quantity to be dispatched, and the market is mainly deadlocked before the festival.

 

As it is near the National Day and the downstream wait-and-see mood, it is expected that the factory will have a little difficulty in closing new orders next week. However, based on the stronger coal price, the possibility of substantial price reduction is low, and it is expected that the stalemate will continue for some time.

 

Source: China Fertilizer