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This week the domestic urea consolidation decline, down east China, North China, most manufacturers offer 20-40 yuan / ton in different degree, the mainstream quotation 1550-1630 yuan / ton, the actual transaction on a single. Domestic urea market years later is tepid situation, prices even fell slightly, the main reason is still very sluggish domestic demand and exports are not smooth due to. Although much has ended in bad weather, temperatures have signs of recovery, but unusually cold spell in early spring weather has scattered around preparing fertilizer and fertilizer demand and time, and dealers in the market price also have during the delivery behavior, so the local demand is not strong enough to support the global manufacturers since the Spring Festival, so far accumulated inventory can not digest, the price is only appropriate adjustment. But exports for India bidding repeatedly postponed, the international market began to go downhill in the stagnation, the port has arrived, but many manufacturers and merchants reserve not pricing. Recently, Taiwan's bid us $FOB310 / ton price more is to give the market a head-on blow, though not necessarily the transaction, but also enough to see that the pessimistic expectations of the international market, therefore India bidding period but not necessarily and expected.
After March will also be prepared around fertilizer, topdressing peak, but given the manufacturers inventory pressure, the market order degree, downstream of the point of view, the regional market or can support local decline prices stabilized, but there is no obvious positive factors to promote its rebound, while India bidding price or can give the market direction, through exports go to consumption at home inventory boost confidence in the market, the mainstream market or slightly warmer may. Is expected in early March domestic urea market narrow range consolidation on domestic demand, then more will have to wait for the India bidding to influence the trend.
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