Urea market was stable this week, weak run, although local farmers need to start, to bring the price of urea positive boost, but the limited magnitude and impact. Shandong Province after the first mainstream factory price increases down, the current 1640-1700 yuan (t price, the same below) or so, ease the drought in some areas due to rain, take the goods smoothly, but most factory sales in general, lack of confidence in the market outlook; Henan Province Xia Start corn fertilizer, mainstream factory price of about 1680-1730 yuan rose slightly, many manufacturers at closing preferential space tightening, the early Ming kicked upstairs stable situation eased; Guangdong and Guangxi region due to rice prepared fertilizer, take the goods smoothly, the mainstream factory price rose to about 1810-1860; in addition to need to start farming areas, other regions the situation is not optimistic, Jiangsu and Anhui provinces in northern farmers need has passed, coupled with external supply shocks, mainstream factory price down 20 yuan stable at 1740-1800 yuan after ; Hubei and Hunan provinces required end agricultural fertilizer, mainstream factory price down 20-30 yuan to 1700-1730 yuan; after Shanxi mainstream factory price down 30 yuan stable at around 1,600 yuan, the poor market, some manufacturers shutdowns, some manufacturers Lord to do the Fed to jointly sell, new single unitary agenda; northern Shaanxi manufacturers offer a significant downturn in the 70 yuan, which makes the local factory price 1530-1720 yuan range into a high-end price for the need for local farmers; main factory in Xinjiang price stable at around 1650-1700 yuan, but the southern end of the agricultural needs of individual manufacturers offer down around 40-1660 yuan; Sichuan and Chongqing farmers need is over, take the goods to the poor, Sichuan high-end prices fell 50 yuan, the mainstream factory price down to about 1760-1770 yuan, the same, the mainstream factory price in Chongqing also lowered to about 20-40 yuan 1660-1730 yuan; farmers need to gradually end the Inner Mongolia region, individual manufacturers began to shut down for maintenance, but the low-end offer is still dropping slightly , mainstream factory price dropped to about 1600-1700 yuan; Jilin Agricultural required season is over, factory factory price down 50 yuan, the mainstream factory price dropped to around 1750 yuan.
      Internationally poor market. FOB price of granular urea exports fall further rumors that the end of July from the northern ports of South Korea issued an order FOB only $ 277-279 / ton, the small particles in terms of offshore guidance of $ 282-287 / ton, transient stability, but little heard traded. It is reported that India's MMTC company may announce a new urea procurement tenders in July 20, in early August to the end of the tender, the cargo ship on September 10-15.
      According to Chinese fertilizer network statistics, as of this weekend urea industry operating rate of about 76.77%, a slight decrease compared to last week. Demand, present, Shandong, two rivers and other places farmers need market has started, dealers getting goods more cautious, more with on-demand sales, while the drought has weakened demand, so this wave of demand driven agricultural limited strength, while industry and export demand performance is not satisfactory. Taken together, the more obvious oversupply of urea, some manufacturers have emerged pressure on the stock in the long term price trend is not optimistic.