Urea recent market

   Date:2021-03-26     Browse:42    
Core tips:According to a report from an authoritative department: the overall demand for urea has been weak recently, and the quot
 According to a report from an authoritative department: the overall demand for urea has been weak recently, and the quotation will drop by another 10-30 yuan (ton price, the same below).
      For example, the low-end quotation of mainstream urea in Shandong dropped by 20 yuan to 1620-1640, agricultural demand ended, the market in Lianghe region was weak, and due to the return of urea from some ports, the low-end quotation of mainstream urea in Hebei dropped by 10 yuan to 1590-1630. ; Henan mainstream ex-factory quotation stabilized at around 1590 yuan. The mainstream ex-factory quotations in Jiangsu area fell from 20-30 yuan to 1,680-1700 yuan; the high-end mainstream ex-factory quotations in Hubei dropped from 20 yuan to about 1,680 yuan, and some manufacturers could offer a discount of 20 yuan or slightly more for the factory; the local sales of urea in Sichuan were not good , The low-priced urea from other provinces has a large number of stations, so the mainstream ex-factory quotations in Sichuan fell again by 30 yuan to 1600-1630 yuan.
   On the whole, this round of bidding in India is bad for the domestic urea market, and some ports have returned urea; the overall domestic industrial and agricultural demand is sluggish, the price of compound fertilizer companies continues to fall, the enthusiasm of agricultural grassroots procurement is very poor, and the urea industry's operating rate may be higher It is expected that the urea market will continue to operate weakly in the short term, and the quotation may continue to be lowered due to the return of urea from the port and the lack of demand. In the long term, there will be a small amount of agricultural demand in various places from time to time into April. With fertilizer, industrial enterprises should further resume production, and urea prices may be expected to stop falling.
 
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