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Weekend domestic urea market has continued to show a downward trend runs, the actual transaction has been reported that Shanxi backwards to 1700 yuan / ton, while the Shandong, Hebei and other places are also progressive low price this price and the current market in addition to barely support agricultural needs, the no good news. Although the Indian tender offer at 1.055 million tons, based on the amount of an additional 500,000 tons, but China's current external disk offer to FOB300-305 U.S. dollars / ton, ex-factory price is much lower than the current offer accounting, so in such circumstances, the domestic oversupply the status quo would only induce current prices further down. Some analysts expect the recent price weakness mainstream consolidation, low prices still dropping possible.
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