International and domestic urea prices "early to rise, good in the" nifty fifty "stocks sky and Huaneng Power.
Huatai Securities analyst, said Shao sand ingot, urea use quarter in advance, the superposition of Asia, Latin America procurement recovery, leading to sharp price increases. India, Brazil, demand for urea international prices remain high in May-June. The low inventory of domestic urea fertilizer plant procurement growth and export demand is causing prices to rise significantly. Among them, Huaneng Power particle ex-factory price 2240 yuan / ton rose to 2380 yuan / ton. High international price of urea.
It is worth mentioning that the "nifty fifty" stocks sky and Huaneng Power are domestic urea production of large. It is reported that the sky's "Jinsha" brand urea is a famous product of the domestic fertilizer industry and the Yunnan Province, the first brand-name products, and twice reelected national best gold medal.
2011 Yuntianhua urea sales revenue of 1.233 billion yuan, gross profit margin of up to 38.97%; Huaneng Power's leading products, "friendship" brand urea by the national inspection-free products, Shandong famous brand and famous brand in Shandong. 2011 companies urea revenues of 2.106 billion yuan, accounting for the main business income of 40.54%.
Shun Securities issued a research report analysis, international market, increased demand for urea is one of the main reasons for higher support prices, "From an international perspective, higher oil prices to promote the development of fuel ethanol in the United States, corn acreage has been a record 2011 fuel ethanol in the United States has reached 14.4 billion gallons consumed about 41.7 percent of the U.S. corn crop. "
July is the traditional urea export wang, but this year, ahead of demand for downstream urea, causing prices to rise significantly. "Insiders pointed out that" On the other hand, urea production is facing the pressure of increased costs, support urea prices remain high. " (Yan Chen)