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Earlier, India STC tender tender (October 29th), received a total of 17 traders bid price. Statistics the total amount of a total of 1770000 tons and 655000 tons of solid volume can choose the amount, of which the lowest CIF price at 308.69 U.S. dollars / ton, equivalent to the domestic port FOB price in 290-292 dollars / ton, push down Shandong ex factory price of about 1580-1600 yuan / ton. Finally from the turnover of 1100000 tons of the results, the international market will accept FOB such higher profit space for china. Of course, in enter after November, a season of domestic urea export tariffs (15%+40), even though this is $290, FOB Shandong can still guarantee the ex factory price of not less than 1400 yuan / ton. Of course, there are no free trade zone case, surely no one will follow season tariff operation. At the same time, Pakistan TCP company issued 4 urea tender, a total of 385000 tons, sailing date to December 10th, is to buy from China, the bid price is equivalent to 290-295 dollars / ton f.o.b.. Subsequently, Bangladesh BCIC company also released 50000 tons of small particles and large particles 50000 tons a total of 100000 tons of urea to tender in November 13th. The international market demand for China is the life-saving straw, after all, in the international urea price remained at 310-320 U. s.dollars / ton case, China still competitive quotation. From the beginning of last weekend, urea manufacturers set port situation improves, Shandong port connected with the price of 1550 yuan / ton. But from the port storage statistics, Yantai Hong Kong stocks from 1200000 tons down to 750000 tons, the other inlet, little change. It is not difficult to understand the contrast increment is set in Hong Kong market, the Hong Kong stock fell about 450000 tons, which means port spot trading volume is very objective. If the analysis supporting factors from urea exports to domestic market, Shandong ex factory price is also available at 1430-1450 yuan / ton position to obtain support. As the saying goes, the urea at Shandong, believe that the ex factory price of 1450 yuan / ton is expected to become the domestic urea short storage hunters reference price.
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