Chinese urea wholesale price index analysis : domestic urea market will show a generally stable or volatile situation running
February 17 - February 21, 2011 domestic urea market steady fall . February 24 CNPI to 1760.71 points , down 6.89 points, or 0.39 percent ; fell 469.14 points, down 21.04% ; than the base period fell 102.54 points, or 5.50 percent . CNPI trend showing tumbled run .
Supply situation : domestic anthracite market downturn , prices steady decline, sluggish downstream demand , the future market will remain weak or downward . Domestic urea enterprises operating rate continues to rise , head of coal and gas companies were the first companies to start gradually restored.
Demand : snowfall and low temperatures affect the domestic urea market is subject to , the spring market starts slow , weak grass-roots demand .
International markets: prices. Continued weakness in the international market price of urea , urea granules major regions lower prices . Which small particles of urea FOB Baltic low end of last week , up $ 5 / t , high-end down $ 3 / t , remained at $ 332-337 / t ; Arabian Gulf urea granules FOB unchanged from last week , held in 355-360 U.S. dollars / ton ; small particles of urea FOB Yuzhny down $ 2-3 / t , remained at $ 338-340 / t ; Chinese small granular urea FOB down $ 2-3 / ton, remain at $ 335-337 / t.
Regional situations: domestic urea market prices continue to decline slightly in some areas . North China , Central China still snow and cold weather, the market started slowly , lower prices in some areas 5-20 yuan / ton ; winter wheat topdressing in east China are starting , but weak downstream demand , lower prices at 10-20 yuan / ton ; South China provinces to adequate volume , limited market demand , lower prices 20 yuan / ton ; southwest enterprises operating rate gradually restored , the market competition, temporary price stability ; northwest affected by snow and cold weather outside Yun poor, weak market demand , the price is relatively stable ; lack northeast demand, market transient stability .
The short term , by the slow start of spring , enterprises operating rate gradually recovered , falling coal prices , the impact of the weak international urea market factors , domestic urea market is expected to show generally stable or volatile situation will run .