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Sources of supply and American market demand prompted large granule urea prices continue to rise. Egypt in August large granule urea traders purchase last week to clinch a deal the FOB price of $352 (ton price, the same below), and American Bay CIF US $395. Chinese large granule urea turnover FOB price of $320, compared to 5 at the end of the price increase of nearly $60. Small particles urea prices are also rising. China suppliers will export FOB raised to $270, the nitrogen fertilizer industry association had originally hoped to see the price. The current buyers worry is Chinese supplier will meet in price stability at this level, because the price China small particles urea than prices in other areas is still low of $40.
Small particles urea Russia and Ukraine manufacturers to clinch a deal the FOB price in 310 ~ 315 dollars, and orders in August September, they hope to supply offshore prices rose to $320, at present the work to be done is to make the global buyers believe that only an upward price to get the goods.
At present, China small particles urea prices are still rising space, the supplier will seek higher transaction prices in India the next round of bidding. In fact, the IPL bidding round when the trader, at present already face caused by supplier to increase profit loss. But the large granule urea prices seem to have arrived at the top of this round of market, prices have increased, further increase in the limited space. America sourcing expected the night until the 9 month, after the river will stop, the transportation will be the main problem. Now, the manufacturer production in August has sold out the basic, and the beginning of the tender to sell 9 early yield. The positive emotion buyer in late September and October shipment will gradually reduce the urea. On the whole, although from the balance of supply and demand relations, in October before the global urea supply and 250000 ~ 300000 tons gap, but the September shipment urea prices are unlikely to have the big change.
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