This week (June 26th -7 months 2), industry associations in the initiative, the mainstream of domestic urea enterprises refuse to low-priced exports, so the mid June India procurement bidding quantity lower than expected, affected by this, the domestic urea market confidence recovered slightly, the overall price stability. According to the 68 urea enterprise reporter statistics of the ex factory price of urea, this week the average ex factory price of 1550 yuan / ton, and basically the same as last week. Shandong area some manufacturers because of some goods exports, inventory pressure eased, coupled with the local preparation of fertilizer market is about to start, so the price hike, but the actual transaction price change is small, is still in the 1460-1470 yuan / ton. Top dressing fertilizer has begun in some areas of Hebei to prepare, but mostly due to along with mining, manufacturers were not ideal, the majority of manufacturers price with firm give priority to. The northwestern region of Ningxia with the corn dressing period, local sales, some manufacturers of supply shortages, field sales price in 1400 yuan / tons, Shaanxi region market is about to usher in the corn fertilizer market, some manufacturers prices rise slightly, but sales are still very light.

Market forecast

Although the overall stable urea prices, but some manufacturers offer still increased, the main reasons: one is the local agricultural demand release, which is intended to support market prices, stimulate more positive; two is our country low tariff barrier has been opened, some manufacturers actively set in Hong Kong, inventory pressure eased. Due to the current agricultural demand is nearing completion, and the competition pressure still exists, if the market support, deliberately raising prices still rational slide. In general, the domestic parts of urea prices in the short term there will be a slight increase in succession, but continue to force smaller.