The the urea market preganglionic wait and see thicker atmosphere, part dealers delisting wait, a steady decline in the price of urea. Throughout September urea market, mainly basic weak consolidation run prices follow international tender message narrow fluctuations. The first half of the tender by India and Pakistan combined port capacity has been restored, the urea market has been slight improvement in warmer. However, due to the low price of urea final bid, the ex-factory price of Shandong, Hebei fell to 1910-1930 yuan / ton. In mid QE3's predictable, crude oil prices rose sharply, the international price of urea fully Biao red incentives urea market has played a role in the short term, coupled with the Indian tender is expected to stimulate the urea prices upwards pull-up, and the price has returned to 2000 yuan / ton over the price, but due to poor port capacity, export orders go cargo slow new single volume is also slightly light. September 26, the Indian tender results announced, not only low price, the trading volume of 30,000 tons more aggravated domestic traders wait-and-see mood. The fourth quarter, and India and Pakistan still have a large demand, but by the end of October, China's off-season export window period will end, and port capacity is being questioned. Market feedback to the day before the holiday news to see the urea market continues to decline, the steady decline in prices, although the factory price of urea in Shandong Province is still stable to 1960-2000 yuan / ton, but the actual negotiations has dropped to 1930 yuan / ton.
This month another support prepare fertilizer and poor performance in autumn, and winter wheat planting, application of phosphate and compound fertilizer, urea demand is relatively limited. Combined with urea enterprises started high overcapacity, oversupply, while the broader market in Hefei City overall dismal performance, therefore downstream cautious wait-and-see posture unabated, prepared fertilizer market dull transition in the fall. The north are mostly in the busy period, Henan, Anhui and other agricultural needs basic end, slow the the dealers shop fertilizer progress of the other regions, although the manufacturers to take a more price cuts, incentives and other preferential policies, but the downstream market outlook generally see an empty, thin trading.
Now, before the holiday the immeasurable Zoudie of more reflect the market pessimistic expectations for the October market, the market in conservative operation expected downstream to demand with mining to control costs fall risk. Together in October, although winter wheat part fertilizer support, but only in some areas and pre-dealers have been purchasing late mainly replenishment, the lighter other parts of the agricultural market, the industrial market has been reduced amount of fertilizer. International aspects of India the STC company urea tender lowest-less the new urea bidding expected to be held next week by the IPL. Given India urea urgent needs in the next tender, the price must rise in order to ensure timely supply, which provide opportunities for traders to raise prices.
Overall, the fall fertilizer market in mid-October, before and after the end the late India, Pakistan urea tender and light storage is the focus of the market, by the logistics limit, the port can not load more than one million tons of goods monthly late capacity still hidden constrain exports. Combined with some new capacity in the fourth quarter to put the plan, a general lack of confidence in the market outlook, the concerns of this mentality level compared to the pressure increase in domestic supply market counterparts. Now, for October is expected to adjust the space, the market is relatively mixed views. But overall, in the downstream demand shrinking export is unknown as well as the future supply trends, in October, the market may be near to 1900 yuan / ton mark.