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Urea set in Hong Kong pull prices higher
April, as temperatures rise, the domestic spring agricultural fertilizer peak period has passed, but the domestic market prices of urea a high rise. Reporter learned that the urea ex-factory in Shandong, Henan, Anhui and other places has exceeded 2200 yuan / ton, the main reason is factory set in Hong Kong, then a single good-to-port price of about 2240 yuan / ton, the overall order of about 8 -10 ten thousand tons.
Recent urea prices on the one hand pulling the recent urea set in Hong Kong, on the other hand with increasing fertilizer enterprises operating rate, the centralized procurement of urea, pushing up the price of urea. Henan, Shanxi Investment Group extension Chemical Co., Ltd. Yang, general manager of the sales company with Yu told reporters. He believes that the reason why the price of urea firm, set in Hong Kong to the pulling and industrial demand, a factor in wheat using fertilizer of low temperature climate elongated, making pre-purchasing dealer is still in the replenishment.
People in the industry who requested anonymity told reporters that urea exports for this year, the state has made it clear to the benchmark price, excluding tax, exports are good, but this does not mean that the relaxation of the national export policy, the current from the export of There are more than three months time, the behavior of this set in Hong Kong getting goods, purely gambling afternoon, and when international market prices and demand situation is still unknown.
Thus, the recent urea higher prices are market speculation, not rational. Some companies take advantage of the drilling policy, of course, does not rule out this group of urea and ammonium chloride processed into synthetic nitrogen declaration 7% of the exports of low-tax.
Urea price short-term
Or will remain high
"Although the demand for domestic agricultural markets, but traders optimistic about the export market, the recent increase purchasing volume, therefore, short-term price of urea in the short term will remain high." Henan Yiqun fertilizer industry sales manager Shenjun Gang told reporters. He said: "At present, a time when high-nitrogen fertilizer production period, but after 3.15, Henan Province and Technical Supervision in Henan Province is a large check to be investigated and dealt with some illegal manufacturers, resulting in lower operating rate of the overall market, fertilizer, so urea prices, the recent impact of a fertilizer enterprises to actively purchasing. "
It is understood that, in Henan province in spring urea top-dressing market has been drawing to a close, but high nitrogen fertilizer around the still high demand for fertilizer companies operating rate has remained low in the spring of this year, the companies had wanted after the Ching Ming Festival, the urea price pullback after getting goods production, but due to the pull of the set in Hong Kong, the high price of urea, some companies in order to meet production needs, but also passive getting goods, such a result will lead to the recent urea prices remain high.
In addition, Henan, Shandong, the current business orders better, most companies are still maintaining a high work rate, although early by poor rail shipping, prices, delivery has improved, many enterprises a high profile to raise its offer to drive the price of other regions are also different degrees of increase.
Limited outlook adjust amplitude
Reporters also learned that in the survey, although the short term, by stimulating set in Hong Kong, urea prices rising momentum in the short term is difficult to change, but because of the domestic urea market as a whole slowed in April, and ahead of schedule set in Hong Kong belong to minority businesses speculation, the urea market adjustment is inevitable.
Young with Yu said: "At present, domestic urea enterprise's overall start rate is still higher in April, domestic agricultural fertilizer market demand to reduce, although recently been set in Hong Kong's pulling prices appear to rise, but to enter in April, the price of urea still exists to adjust the possible, but the magnitude will not be much. "to his analysis that urea production costs under the pressure of the growth of coal, electricity, labor costs, the company's profit margin is still relatively low, if the prices come down, companies will certainly be maintenance shutdown.
Anhui Secretary Stewart Fertilizer Industry Co., Ltd., general manager of marketing the Wang Genjie also believes that the urea advance set in Hong Kong pull prices rose, the latter still exists adjustment may, but the magnitude will not be much. His analysis: "Although the end of the northern agricultural season, the southern rice there is need, fertilizer, coupled with the support of the industrial demand, the price of urea correction, only 80-100 yuan / ton, the magnitude of the current market is generally optimistic about international market, post-urea will have a certain amount of export Therefore, even if prices go down, there will not be too big decline, this adjustment is seasonal fluctuations, the trend of the future will remain high. "( Zhang High-Tech)
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