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Have raised urea prices bottoming out
Source: Shanghai Securities News   Time:2013-07-08   Read:711second  

Data show that last week, Shandong, Hebei, Henan, Jiangsu and other area businesses have raised urea prices, including the price leader in the main producing areas in Shandong enterprises, up by more than 5%. Analysts pointed out that the second half of the chemical market more worth seeing, the first price increase of urea is a signal. 

Preparation of fertilizer dealers active in the off-season export and open the window period and other factors, the current overall market demand of urea during the first bounce. According to the reporter yesterday learned, Shandong and other regions increased substantially successive price of urea, urea granules Shandong Luxi factory price has been raised to 1,800 yuan / ton, Zibo area businesses urea granules mainstream in 1780-1800 yuan / ton , the actual turnover in the 1710-1730 yuan / ton; Linyi districts to the prices of goods in the 1780-1800 yuan / ton. Hebei region, small particles prices by 20-30 yuan / ton, the mainstream offer in 1710-1720 yuan / ton, the mainstream price 1740 yuan large particles / ton, some companies temporarily outside offer, the actual transaction price in the 1690-1700 yuan / tons. Hebei urea manufacturers lack of capacity utilization, affected by the surrounding factory price adjustment, local prices rebounded slightly, high prices being stable, the manufacturers take the goods ideals, tight supply. 

Analysts on zhengbao Zhang told reporters that the main producing areas in Shandong highest price increase, urea granules quoted in the mainstream 1760-1800 yuan / ton, the previous offer in 1680 yuan / ton, 80-100 yuan per ton price increase. "In addition to traditional factors prepared fertilizer season, in July, urea manufacturers lead the traditional off-season export period, perform the off-season export tax rate of 7%, compared to the peak season (February to June) 110% of the tax rate to be lower significantly, and many domestic urea plant is also a good time to wait export opportunities. " 

In addition, the overall judgment on commodity analyst Liu Xintian recently in "2013 semi-annual report commodity data" conference, "said commodity markets in September and October will usher in a wave of backlash, 11,12 or callback order or small tail, the overall market trend or near W-shaped or U-shaped. "as an important part of commodities, Zhang believes that" by the end of June the chemical market has been slightly signs of stabilization ,7-August or witness round down the bottom of the 'golden nine silver ten' or start a new one before a slight rebound. "

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