Last week (March 16 --23 days), urea manufacturers take the goods smoothly, and the prices continue to rise. Industrial fertilizer plant in Shandong pick enthusiasm is still high, industrial orders than adequate, mainstream factory price of urea continuous slight increase in fertilizer plant in Linyi mainstream prices of goods received in 1400-1420 yuan / ton; Henan surrounding area take the goods smoothly, on the low-end mainstream factory price raised to 1350 yuan / ton; Hebei area orders placed outside still adequate, mainstream factory price of a small rose 1310-1340 yuan / ton; Shanxi local farmers need to send the main market, the manufacturers take the goods better, temporarily no pressure on the stock, mainstream factory price of low-end was up 30 yuan / ton to 1250-1300 yuan / ton; Jiangsu region local farmers need fertilizer dealers prepare a more positive note, the mainstream factory price continued exploration rose 60 yuan / ton to 1420-1490 yuan / ton; Guizhou started farming needs, the manufacturers take the goods smoothly, the mainstream factory price raised to 1655 yuan / ton, individual manufacturers still continue to rise will. Large particles aspects raised in Shanxi Province on mainstream factory price 1280-1340 yuan / ton; large particles supply Heilongjiang regional tensions, significantly increased downstream demand, the mainstream wholesale price rose to 1550 yuan / ton.
Future Forecast
This round of price increases mainly urea fertilizer companies getting goods support, the industry mentality better, some agricultural operations as it enters the replenishment. Internationally, on the occasion of the end of February in India urea surplus stock of 154 million tonnes, a substantial increase over the same period last year 227,000 tons of inventory, and does not include Hong Kong and is being transported to a local store about 70 million tons of urea. On the whole, the Indian stocks at a high level, which indicates that the near future will not have large-scale procurement tender, pull on the domestic market international market is very limited; domestic industrial and agricultural fertilizer plant currently makes the required fertilizer urea prices relatively strong local prices may have edged up space, it is expected this wave of market should continue until the end.