Recent (October 16th -10 20), the urea market is affected by the decrease in supply, international prices, exports and other factors, prices rose for six consecutive weeks. In October 23rd Chinese urea wholesale price index (CNPI) for 1764.53 points, up 24.17 points, or 1.39%; rose 434.40 points, or 32.66%; than the period fell 98.72 points, or 5.30%. China urea retail price index (CNRI) for 1855.67 points, up 29.68 points, or 1.63%; rose 419.94 points, or 29.25%; than the period fell 49.29 points, or 2.59%.

Supply situation: in recent years, due to the pressure of environmental protection in the nineteen major periods in North China, the operation rate of coal, synthetic ammonia and urea has declined, and the future "2+26" urban atmospheric environment treatment has reduced the future supply expectations. Last week, the average operating rate of urea enterprises dropped to about 53%, of which the start-up rate of gas head enterprises was about 59%. In the aspect of synthetic ammonia, the price in South China dropped slightly last week, but the supply in North was tight and prices continued to rise. Coal, part of the mine shut down, prices rose slightly.
Demand: agriculture, demand is relatively light. In industry, due to delayed sowing of wheat, compound fertilizer enterprises have orders, and there is a small amount of support for the demand for urea. The export side, India RCF 21, tender, tender, tender and price is lower than the previous rise, is expected to supply about 250 thousand tons of Chinese.
International market: recent international urea market prices affected by the India bidding rose locally. Last week, the Baltic small granular urea FOB prices over the previous week low-end prices fell $7 / ton, high-end prices rose 3 U.S. dollars / ton, $248-260 / ton; black small particles urea FOB US $5-12 / ton, $260-272 / ton; Chinese small particles urea FOB steady, US $270-275 / ton.
Domestic situation: last week, the domestic price of urea increased weekly ring ratio. Including Hebei, Shanxi, Liaoning, Heilongjiang, Shanghai, Jiangsu, Zhejiang, Anhui, Fujian, Jiangxi, Shandong, Henan, Hubei, Hunan, Guangdong, Sichuan, Guizhou, Yunnan, Shaanxi, Gansu, Qinghai, Xinjiang and other provinces urea wholesale and retail prices rose 5-150 yuan / ton, the rest prices steady.
At present, the domestic market of agricultural urea demand less industrial demand, but the international market tight supply, increased demand; at the same time the enterprise construction is restricted by factors such as environmental protection, the operating rate will remain low, approaching the heating period of coal and natural gas supply is tight, the cost of supporting efforts will also increase. It is expected that the urea market will be affected by multiple factors in the short term, and the price will continue to be strong. It is necessary to pay attention to the international market, fuel market and environmental protection policies.