Domestic urea prices keep falling

According to relevant data, on November 1, 2012, the domestic urea market prices continued to fall.

The domestic urea export window period ends. At present, except for some urea manufacturers in Shandong and Shanxi, the remaining orders can be issued to the middle of the 11th. Export orders for urea manufacturers in the Northeast, Inner Mongolia, and Jiangsu have basically been completed. Due to the weak off-season domestic demand for agricultural fertilizer, the slow-moving market started slowly, the industrial market demand was flat, the domestic urea market sales pressure increased significantly, and the urea market price continued to decline.

At present, Shandong, Hebei, Henan urea companies offer a large gap between the high and low end, the actual transaction price has dropped to around 1900-1950 yuan / ton, manufacturers to ease the pressure on sales, Henan urea manufacturers began to implement the bottom sales policy, the current general protection By the beginning of February, winter wheat will turn green and fertilizer season. The factory price of urea enterprises in Jiangsu and Anhui provinces has dropped significantly. At present, the factory price of urea enterprises in Anhui is about 1940-2000 yuan/ton, and the factory price of urea enterprises in Jiangsu is around 1970-2020 yuan/ton. The market for winter storage in the northeast China started slowly, with local manufacturers offering high-end prices down by 50 yuan/ton. The factory prices of most manufacturers remained basically stable. At present, the factory price of urea enterprises in the Northeast China is 1950-2080 yuan/ton.

Due to the release of new production capacity, the short-term winter stock market is still difficult to start, the recent domestic urea market prices will continue to decline.