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Urea manufacturers strongly stabilizing slightly weaker market
Source: China Fertilizer Network   Author:Cong Shan   Time:2013-11-13   Read:601second  

After meeting domestic urea compound fertilizer market has not been much improvement, manufacturers still pre-orders for the main fat-based, continue to offer strong, some plants have dropped slightly. But from the recent market point of view, there is still good news, India price acceptable to drive returns and set in Hong Kong; end of natural gas supply, gas head start lower; export tariffs to relax, set in Hong Kong in advance; Dongchu fertilizer and industrial equipment will also be approaching. However, in light of the circumstances demand, overcapacity in supply and demand is still there, while the downstream will temporarily sidelines waiting for prices to fall. It is expected that the recent domestic urea prices may go into a short-term period of weak consolidation, consolidation after watching the progress of domestic demand.

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