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Last week (Mar 14 - March 18), the domestic urea market industrial and agricultural demand continues to increase in some areas, prices rose significantly. March 21, China urea wholesale price index (CNPI) to 1458.72 points, up 1.52 points, or at 0.10%; fell 239.29 points, down at 14.09%; than the base period fell 404.53 points, down 21.71%; China urea the retail price index (CNRI) to 1587.63 points, up 4.18 points, or 0.26%; fell 205.82 points, or 11.48 percent in; than the base period fell 317.33 points, down 16.66%.
Supply situation: domestic urea enterprises operating rate remained at around 73%, gas companies operating rate of about five percent; from raw material market, anthracite market running smoothly, transactions in general, prices in the short term to stabilize the main.
Demand: domestic urea fertilizer market continued agricultural equipment, fertilizer equipment downstream enthusiasm improvement; industrial orders increased in some areas, take the goods better.
International market: international market, mainly urea Small granular urea prices were mixed. Among them, the small Baltic granular urea FOB compared with the previous week fell $ 7-12 / tonne, remained at $ 183-190 / ton; small granular urea FOB Black Sea over the previous week down $ 3-5 / ton, held at 200 -204 dollars / ton; small granular urea FOB China over the previous week, up $ 3 / tonne, remained at $ 200-205 / ton.
REGION: The market last week, parts of the domestic urea prices were mixed. Urea wholesale and retail prices in Shanxi, Heilongjiang, Jiangsu, Zhejiang, Anhui, Fujian, Jiangxi, Henan, Guangdong, Guizhou, Yunnan, Shaanxi, Xinjiang rose 5-90 yuan / ton; Hebei, Shanghai, Shandong, Hubei, Guangxi , urea market wholesale and retail prices, including Gansu and Ningxia fell 5-30 yuan / ton, the rest remained stable.
Domestic workers, agricultural fertilizer continued to expand, the demand for better, and favorable international market Write good news is expected in the short term or the urea market in general to maintain a slight upward trend run.
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