Urea weekly: the overall stability of urea market
Source:China fertilizer Author:Le Qing Time:2014-09-23 Read:542second
This week (September 12th -17), according to 68 statistics reporters found that the ex factory price of urea, urea average ex factory price of 1610 yuan / ton, and basically the same as last week. After entering the mid September, although the domestic urea market lasts fatigued and weak, but in the international market demand is strong, although India postponed the third round of bidding, but the tender will be expected to reach 1500000 tons. Affected by this, Shandong, Anhui mainstream price 10-20 yuan / ton rebound slightly. While the Henan region affected by continuous rain, autumn fertilizer was postponed, prices of 20 yuan / ton down. Now Shandong, Henan area actual sales prices in the 1520-1540 yuan / ton, Hebei 1500-1510 yuan / ton; Shanxi area sales market mainly to weak, most manufacturers primary port orders, some manufacturers export new single increased, ex factory price is up, now outside the platform transaction price of about 1520-1540 yuan / ton.
Market forecast
With the release of this week India bidding results, the international market will also gradually clear. Although the existence of intense argument of supply and demand, but supply into the city Chinese mitigation of the effects should not be ignored. At present, domestic manufacturers to export new single is not much, the downstream autumn preparing fertilizer mood is not high, the demand for urea terminal market is extremely limited, although part of compound fertilizer enterprises Procurement improved slightly, but the overall domestic urea pressure still can not be ignored, so whether the factory or dealer wants to catch the multi outlet as far as possible in the off-season tariff window period before the end of the. In the current market environment and the influence of this kind of psychology, game export prices will gradually bearish, price ceiling single situation also will be increased, and the expected fob the majority will be maintained at 290 dollars / ton up and down. Therefore, short-term domestic urea prices temporarily stabilized.