Urea parts prices continue to rise, Shandong and Hebei, prices stabilized, dealers have been preparing fertilizer factories and more cautious, pre orders for sales, no pressure. Strong market demand, the international urea prices skyrocketing, more rose 20 to 30 dollars (ton price, the same below), mainly in India, Turkey, Brazil and the European market, India bidding or will consider the price advantage of the China urea.
Jiangsu factory prices continue to rise, small particles of urea factory price 1700~1720 yuan, up 20 yuan; large particles of urea 1800 yuan or so, up 40 yuan. Small grain urea market in the Province wholesale price of 1720~1750 yuan, large particles of urea 1750~1780 yuan.
Hebei market stability, ex factory offer 1650~1720 yuan, the actual transaction price of 1650~1670 yuan. Hebei province and the surrounding resources profits, individual manufacturers signed a set of orders in Inner Mongolia and Shaanxi port, Hebei sent to the station of urea rose to 1560 to 1570 yuan.
Shandong market tends to smooth, small and medium-sized grain urea mainstream factory quotation 1650~1670 yuan, large granule urea 1670~1690 yuan. The market is basically stable, the mainstream wholesale price of 1700~1720 yuan, dealers prepare fertilizer cautious.
Anhui prices continue to rise, the factory quoted 1680~1710 yuan, generally raised 20 yuan, manufacturers shipped smoothly. The urea unit for the production of ammonia has not changed, but the factory says it will probably switch to urea production if the price continues to rise.
Shanxi urea prices strong, automotive mainstream factory price 1560 ~ 1600 yuan, railway platform price 1620 yuan, small granular urea urea granules from 1650 to 1700 yuan, the majority of factories for a large amount of orders, the new single volume less expensive. Part of the device parking and production cuts, the overall load dropped by about 30%.
Fujian urea prices continue to rise, the wholesale price of coastal areas around 1800 yuan, about 1820 yuan inland. Shanxi and Henan mainstream supply price of 1850 yuan or more, mainly to industrial goods.
Zhejiang urea main industrial demand, mostly in the region for other provinces sources, the first station price of more than 1800 yuan, the wholesale market price of 1750~1800 yuan, upside down serious.
It is reported that by the end of August, India stocks fell to 1 million 270 thousand tons of urea, reached the lowest level in 2016 since March. Imports and output declined, while sales grew. In the 4~8 month of this year, the output of urea in India dropped by 234 thousand tons, and imports decreased by 498 thousand tons compared with the same period of last year. In the first 5 months of fiscal year 2017~2018, India's urea sales grew by 3.4%, and inventories declined. At present, the India stock has not been as low as the dangerous level. In September, the amount of urea imports will be reduced, and the domestic urea stocks in India will be further reduced in the coming months.
The domestic and international market price rises excessively, caused the dealer's resistance mood. Can be expected, domestic and international urea market will be phased consolidation, and domestic high cost, high international demand will still be supported by the market. However, the state of oversupply has not changed.