Domestic urea season export nearly half of the window period, with the recent increase in export orders, domestic urea market performed well. Meanwhile, last week, urea FOB China rose slightly. Does this mean that domestic urea market for five months out of the haze of it?

Mainstream factory price of domestic urea 1600 ~ 1700 yuan (t price, the same below), the recent good news frequent. From upstream coal market each coal-producing province coal mutual insurance policies have been introduced, August Coal City, the early signs of stabilization, thermal coal prices have rebounded 10 to 20 yuan. Coal prices stabilize, the cost will support the formation of urea. In addition, with the increase in urea export orders, sales and inventory of domestic enterprises to effectively alleviate the pressure. Meanwhile, in the international urea market entry Budie period, domestic urea FOB Adversity last week rose slightly to 2 to $ 4 290 to $ 292.

All these mean that the domestic urea thus reversed? In the current high domestic urea industry operating rates, weak domestic demand conditions, international markets and what kind of it?

Last week, the international urea market except China FOB prices rose slightly, and the remaining areas prices fell across the board. Currently FOB Yuzhny urea 305 to $ 310, the Baltic 295 ~ $ 305, a decline of 5 to $ 15. So far, India's 2013/20114 financial year have been carried out three times a tender, procurement volume has more than 3 million tons, shipping time later deadline to September 20. The next tender program has not been announced. Pakistan on August 6 TCP urea tender after the end of the summer growing season of its domestic urea gap has been met. Granular urea as China's major export markets, the U.S. and South American markets, the U.S. market from September to October urea serious excess of supply, Nora urea FOB Hong Kong has dropped to $ 290; South American market due to international ample supply, coupled with the half a substantial increase in imports of urea, urea led to the current market, adequate inventory, procurement may be delayed.

In addition, the recent international market came news of Algeria with an annual output 1.3 million tons of granular urea and 800,000 tons of synthetic ammonia Sorfert company has reached stable production, is expected to the end product can be exported to international markets. UAE Fertil annual output of 720,000 tons of synthetic ammonia and 1.2 million tons of granular urea fertilizer plant has been put into operation a new, is expected to the end of August to achieve stable production. New projects coming into production will result from September, the international urea market oversupply continues to intensify.

In summary, the domestic urea market ripe for the better.