The overall trend of the market for domestic urea downstream demand shocks down, shrinking, watching the market sentiment is getting stronger. North China fertilizer purchase gradually reduced, industrial start is not high, and on-demand procurement based, new single follow-up slow down. Part of the urea business this week, production, maintenance, urea average operating rate of less than 60%.
Data show that this week China large granule urea factory price of 1558 yuan / ton, down 1.08% than the previous week, up 28.97% over the same period last year; this week Chinese small granular urea factory price of 1636 yuan / ton, down 0.73% than the previous week, up 28.92% over the same period last year. Overall, the industrial flows continue to be lukewarm, and the amount of top dressing purchasing in North China and East China is gradually reduced, and the international urea market has a limited boost to the Chinese market at this stage.
Recently, the stability of the anthracite market is strong, and the cost of urea enterprises remains support. Expected, the downstream demand gradually decline, next week, the domestic urea market new single follow-up pressure, low-end prices continue to increase. Expected next week, small particles in North China mainstream factory weak to 1480-1580 yuan / ton.
Compound fertilizer mainly improved partial shipments: enterprise advance
The domestic fertilizer market is still in the stage of advance, the northern market volume gradually increased, the South market demand weakened, sporadic transactions. As the North autumn fertilizer to high phosphorus formula mainly, so the raw material phosphate fertilizer prices rose, the cost of compound fertilizer good support significantly, while the price of urea individual manufacturers fell slightly, has not shaken the expected price increases. In the downstream demand has not yet fully started, although the cost of compound fertilizer increased significantly, the enterprise profit margins narrow, but "price increase" is still not the best time.
Preferential sales policy announced some time ago enterprise dealer meeting is still in the implementation stage, the balance has become a common part of conventional fertilizer promotion varieties, prices continued low, in order to ensure the enterprise advance smoothly, which is the important influence factor of slowing the pace of price increases. Shandong environmental inspection efforts to strengthen, some enterprises limit production, increase shipments pressure. This week, composite fertilizer factory average price of about 2087 yuan / ton, down 0.75%. At present the majority of compound fertilizer enterprises in advance, shipping slow improvement, fertilizer price fall again postponed to the end of the month announced. Upstream raw materials, urea, individual manufacturers price decline, the industry's bullish mentality little impact. Local environmental inspection efforts to increase, or boost prices quoted. But downstream dealers "fat prices," the idea of preconceived ideas, the market outlook are worried.
Therefore, whether it is preferential sales or large enterprises offer down, are full of incentives for dealers to play a positive role. Is expected next week, compound fertilizer enterprise is still in advance for the first month, before the end of some enterprises are still expected to offer up.