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Domestic urea market will remain stable or volatile situation running
Source:China Fertilizer Network   Time:2014-01-18   Read:700second  

Last week ( January 6 - January 10, 2009 ) continued downturn in the domestic urea market turnover , weak prices decline. January 13 CNPI to 1788.02 points , down 6.55 points, or 0.36 percent ; fell 427.49 points, down 19.30% ; than the base period fell 75.23 points, or 4.04 percent . CNPI showed weak downtrend.

Supply situation : domestic anthracite market running smoothly , procurement transactions slowed. Domestic urea enterprises operating rate continues to decline , the overall gas companies operating rate of less than 40% .

Demand : domestic urea market continued weak demand for winter storage , the actual transaction price continues dropping ; slowdown in industrial procurement needs.

International market : prices. Increased international urea market demand , India, Pakistan plans to tender , which Pakistan plans to purchase 200,000 tons of urea labeled , the major areas of small granular urea prices rose significantly. Which small particles of urea FOB Baltic Sea last week , up $ 8-10 / t , keeping in 320-335 U.S. dollars / ton ; Arabian Gulf urea granules FOB last week , up $ 4-5 / t , keeping in 334 -340 U.S. dollars / ton ; small particles of urea FOB Yuzhny last week , up $ 5-10 / t , maintained at $ 340 / t ; Chinese high-end small granular urea FOB prices last week fell $ 4 / t , remained at $ 339-335 / t .

Regional situations: domestic price of urea regional market segments showed a slight decline. Overall operating rate of less than north, east and central regions, demand weakened , factory inventories, a slight decline in some provinces the price 10-25 yuan / ton ; South China Industrial procurement weakened, prices fell slightly 10-20 yuan / ton range ; northwest , southwest enterprises operating rate is low, demand for light , fat -based products , the market price temporarily holding stability ; northeast Dongchu weakening demand from the previous month , mainly to price stability .

The short term, by weak demand, enterprises underemployment rate , railway transport pressure , the better the international urea market and other factors , the domestic urea market is expected to remain stable or volatile situation will run .

 

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