Last week (November 7-11 November), domestic urea raw material goods price is high, starts to new lows, urea prices. On November 14, China wholesale price index (CNPI) urea was 1479.60 points, from rose 35.99 points, or at 2.49%; Fell 128.56 points, compared to the 7.99% decline in; Than base fell 383.65 points, down 20.59%. China urea retail price index (CNRI) was 1559.52 points, from rose 35.62 points, or 2.34%; Fell 151.71 points, compared to the 8.87% decline in; Than base fell 345.44 points, down 18.13%.

　　Supply situation, the recent rising prices of raw materials and supplies are tight, urea enterprises starts falling, last week, the overall operating at less than 52%, domestic urea QiTou enterprise starts at around thirty percent; Coal supply gap, demand for heating in the north part of fertilizer plant for lack of coal production, change or stop production of urea for liquid ammonia, and parts of coal prices still have raised; Northern heating coal denitration, increasing demand for synthetic ammonia, coupled with lack of coal to liquid ammonia production, ammonia last week rose 150 yuan/ton.

　　Overall demand, the recent domestic agriculture without urea demand; Had winter still did not advance, compound fertilizer enterprises has not yet been published had winter prices, operating at low; Demand for urea downstream dealers still is given priority to with watching, insufficient; Export India launched a new round of tender offer, the market continued active, demand has increased.

　　International market: the international market by India's new round of urea tender and Chinese urea goods price uplift effect, high price. Among them, the Baltic small granular urea fob low-end and high-end prices rose $10 / ton, the previous all remain at $205 - $210 / ton; Yuzhnyy granule urea fob low-end prices were opened up seven dollars/tons, high-end prices $13 / ton, remain at $202 - $213 / ton; Fob China small granular urea low-end and high-end prices rose $10 / ton, the previous all remain at $225 - $230 / ton.

　　Various areas: domestic regional urea prices last week. Including Beijing, tianjin, hebei, heilongjiang, jiangsu, zhejiang, anhui, fujian, jiangxi, shandong, henan, hubei, guangdong, guangxi, chongqing, guizhou, yunnan, shaanxi, gansu, xinjiang and other places of urea in the wholesale and retail prices for 10-150 yuan/ton; Hunan and sichuan fell 10 yuan/ton and 20 yuan/ton. The rest of price stabilization is given priority to.

　　Recently, domestic demand for urea little agriculture had winter delayed propulsion, depressed demand; Supply of urea production raw material supply nervous, starts falling; The international market, the Indian bidding demand again, prices remain high. Urea market supply crunch is expected in the short term, prices will continue upward.