October more than half, the domestic urea as well as the half of the export period, although the international urea finally some cheer, but in the case of domestic sluggish domestic demand, the export market a leg alone seems hardly represent the entire domestic urea tape. 

To the current situation, the factory price of domestic enterprises is not so important for the downstream market. Traders experienced a big lose big profits this year, the operation becomes more cautious short storage to wait until at least mid-October, so the recent price levels represent the starting point of a market correction under. 

Prices to see the market decline in value depends on its cost. Although urea market is still calm, but we wish to look farther ahead in advance to explore the impact of coal prices for this winter urea cost. 

The urea costs constitute 70% from coal, especially in urea downturn, fluctuations in the price of coal to a large extent about the price of urea. 

Due to factors such as the decline in the amount of coal imports, domestic steam coal in August gradually stabilized stabilized. But the slow recovery in demand led to rising coal prices is weak, the cumulative increase since the end of August the Bohai steam coal index rising for six weeks only 11 yuan / ton. Heating season approaching, the Daqin line cause of overhaul to reduce about 250,000 tons of coal into the 8th, I do not know whether the price of a rebound in demand. 

In early October, Nippon Steel Corporation and the Australian coking coal supplier BHP Billiton Mitsubishi Alliance agreement coking coal contract price in the fourth quarter of this year, down 25% from the third quarter of $ 225 / ton to 170 U.S. dollars / ton, the lowest since 2009 level, coking coal contract as the fourth quarter of this year, the benchmark price of Australian coking coal exports. The major international investment banks have lowered their international coking coal price expected throughout the year. 

Although domestic coal prices have limited production price, but downstream industries can not pick up, plus the impact of low-cost coal imports this winter coal market is not optimistic. 

Back to the domestic urea market, since the coal can not play to enhance the role of urea market, the urea industry rescue the city only through self-help. May exceptionally cold this winter, but who can say that the experience a winter test, urea industry will not glow more vitality.