Source:China fertilizer net Author:Yang Luyi Time:2014-05-31 Read:705second
With summer approaching, domestic urea market slightly improved, all preparing fertilizer demand gradually start delay. With the help of weak positive rare, Shandong, Hebei, Henan, Jiangsu, Anhui and other places of urea ex factory price hike of 10 ~ 30 yuan (ton price, the same below). However, this adjustment is a tentative certain, the bad factors are dominant, enterprise's price or price for purchasing the psychological impact of dealers are not.
Source of excess supply has not solved, downstream prices expected is also very difficult to change. Manufacturers recently sold to pick up, just a small position or on-demand delivery business. Enterprises want to seize the summer market, stimulate businesses selling up psychological, but this way of thinking might evolve into quick action. At present, the urea hunters risk is under control, but the operation is very difficult to build confidence. Objective evaluation, summer fertilizer market can really as good, but because the purchase is not concentrated and demand is relatively dispersed, price rebound has certain resistance. At the same time, the off-season export is an important index.
Domestic bad than good summer fertilizer for domestic urea market brought a certain good, around the increased volume. Manufacturers of moderate slight price increase, temporarily not dynamic speculation concept. After all, the current market environment is too fragile, once the market once again sing empty, manufacturers, dealers will The loss outweighs the gain.
There is a lot of bad factors. First of all, the industry utilization again repeated, urea supply expected surplus on the future price stability is very bad. Secondly, from the point of view of urea production, anthracite coal is still the mainstream market lasts fatigued and weak, in the test, urea without the cost of support. Finally, the lack of enthusiasm for production of compound fertilizer enterprises, directly due to the lack of urea industry fertilizer demand.
Export heavy "quantity" and not "price" international market is still significant weakness, mid June bottomed out argument continues to spread. The purchaser game prices, Egypt has been two consecutive week labeled urea. According to the Taiwan bidding report, July shipment order prices have been as low as 261 ~ 262 dollars CIF price, accounting for only $240 on FOB, remove the off-season tariff 40 yuan, ex factory price is below the current price in the. According to market rumors, many traders in the latest sales information display, in July Chinese urea offshore negotiated price is less than $240, the large granule urea is close to $250. Whether the rumors are true or not, the export price is expected to bring some pressure on domestic urea. In addition, India is expected to the end of 5 to 6 at the beginning of a new round of urea tender information, make domestic manufacturers attention.
Domestic urea market has fertilizer with support in the summer, but this season has decentralized procurement market "front and long". Considering the bad factors, many manufacturers to price stability or a slight price increase mode operation. A conservative estimate, at the end of 5 to early June, domestic urea trend to a smooth. At the same time, still need to pay attention to the international market bidding situation. Can not be denied, the current international market and continuous decline and bidding Chinese reduced export tax has a direct relationship. If the domestic manufacturers do not accept the price of export, the international price of urea or the possibility of a rebound, which in turn may become a domestic price support. Future export situation is not clear, some manufacturers may choose to "quantity" and not "price" means the shipment, but this cannot go on for long.