This week (April 3rd -8), the overall price of domestic urea market decline. Including Shandong, Hebei, Shanxi decline significantly, in the range of 20-30 yuan / ton. The main parts of Shandong factory price has dropped to 1600 yuan / ton, and on a larger space, by industrial orders and export goods are still not ideal; Hebei mainstream factory price dropped to 1570 yuan / ton, the basic needs of local agricultural and industrial goods over, go slow, the factory price of lack of confidence, clinch a deal to talk about large space; Henan mainstream factory price stability in the 1580 yuan / ton, most factories have less inventory, to maintain the basic balance between production and marketing; Anhui area although the mainstream factory price is still maintained at 1600 yuan / ton, but because of industrial and agricultural demand slowdown, most factories in 1560-1570 yuan / ton, ex factory price of stimulation; Shanxi the mainstream train vehicle transaction ex factory price as low as 1490-1500 yuan / ton, the current international order is blocked, the lack of positive factors to support the factory price, the market strong bearish psychology.

Market forecast

Overall, with the spring fertilizer demand gradually decreased, the current domestic urea turnover continued to slow down, the market strong bearish psychology, also affected by the negative impact of international prices continue to decline, India tender seems to be on the domestic market there is no boost port is still no new single support, so in the short term is expected to remain weak urea market operation. The price is still down space.