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Urea prices remain low operation
Source:Chinese fertilizer   Author:Liu Yelin   Time:2014-11-11   Read:585second  
Because the downstream market demand not flourishing, the recent price decline more than urea, urea enterprises loss. The personage inside course of study expresses, after entering November, the price of urea will be in local region of China fell below 1500 yuan / ton. Overall, urea prices this year should be maintained at 1500~1600 yuan / ton low. Demand price decline Since the beginning of this year, affected by the downstream demand and other factors, urea prices fell sharply. Zhuo and information to provide the data show, in May this year, Shandong enterprises to small particles urea price dropped to 1350 yuan ~1380 yuan / ton, compared to the same period last year slumped nearly 30%, a dozen years urea prices low. After entering the mid October, the market demand remains in the doldrums, urea prices also continued to fall. The standing of Henan Energy Chemical Group sales company deputy general manager Mao Zixue said: "the current mainstream of the Henan area factory quotation 1570 yuan / ton, due to the needs of agriculture has ended, the actual price is only 1500 yuan ~1530 yuan / ton, the price is the first ten days of October fell by 30 yuan ~40 yuan / ton." The reporter understands, in mid October, urea port price reached 1680 yuan / ton, with the increase of the port inventory, at present prices fell 20 yuan / ton, to 1660 yuan / ton. The personage inside course of study expresses, set in Hong Kong prices hand is affected by the port inventory increased, but the main reason is the international prices down. The international market of small particles urea prices generally decline, including the black sea or the $9 ~10 dollars / ton, FOB price $312 ~315 dollars / ton; FOB China also fell slightly, at present the FOB price for the 288~292 USD / ton. It is understood that this year the price of urea than last year fell 300 yuan ~400 yuan / tons. Hechi chemical dongmi Tan Lifang said: "last year we can sell to 1900 yuan ~2000 yuan / ton, but the worst point this year sold 1500 yuan / ton, the price has fallen below the cost of." "In addition, consumer psychological expectations also react on the urea industry, consumer psychology is to buy or not to buy, prices fall, the more popular deficiency." Urea enterprises an anonymous person in charge said. The future price of urea will show how the trend? To this, Mao Zixue thinks, is the cost of support, the future, urea prices will not fluctuate greatly, the general will with firm give priority to. "Judging from the current market, the price of urea has been low, so the price will not panic fell, but after entering in November, local area may be below 1500 yuan / ton. Overall, urea prices this year should maintain 1500 yuan ~1600 yuan / ton low." Mao Zixue said. Urea enterprises loss According to media reports, the domestic 12 main urea listing Corporation, 11 homes have disclosed three quarterly forecast or three quarter report. Among them, Sichuan Meifeng, ChuanHua share 6 enterprises, ownership of shareholders of the listing Corporation's net profit was negative and loss amounted to billion yuan level. The reporter understands, Jian Feng Chemical disclosed in the Third Quarterly Bulletin, 1~9 months of this year, the company net profit for the loss of 276000000 yuan, the same period last year, Jian Feng Chemical is a profit of 9931700 yuan. Sichuan Meifeng expected net profit loss 210000000 ~2.3 billion yuan. Sichuan Meifeng said the decline in performance is affected by the fertilizer market demand is fatigued and weak influence, product selling prices drop sharply. ChuanHua chemical before the three quarter also losing 359000000 yuan ~3.94 yuan, Chitianhua 300000000 net profit loss ~3.2 billion yuan, net profit of Lutianhua estimated loss of 340000000 ~3.9 billion yuan, Hua Jin shares lost 988000000 yuan. In addition, Hualu Hengsheng, lanhuakechuang, Luxi Chemical, Hubei Yihua, Hechi chemical industry 5 enterprises, three quarter remained profitable. Hechi chemical industry by the sale of securities company stock to gain huge investment income, profit make up operation funds. Hechi chemical dongmi Tan Lifang expresses when accepting media to interview, in recent years because the urea market downturn, urea products into a buyer's market, the company in order to shipment to credit products, the recovery of funds is not timely, resulting in the company funds chain tension.
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