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Chinese Ministry of Commerce on the 6th business forecasting, northeast corn dressing period will end, market purchases to reduce urea prices fell slightly after rising for nine weeks. Last week (June 27-July 3) domestic price of urea from the previous week (below) decreased 1.4% in Liaoning, Jilin, wholesale prices fell by 8% and 7.1%. Stop rising international prices fall, reported last week FOB Baltic Sea urea at $ 500-505 / t, slightly lower than the 1 percent the previous week. Recently, companies and dealers of urea stocks are low, into July, the crop into the dressing period in North China to drive demand for urea rebound. Price of urea is expected to be stabilized later stabilized.
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