Recently, the urea market has been weakening, the overall demand of the market is relatively poor, and the price has continued to decline: the mainstream urea factory quotation in Shandong Province is 1890-1930 yuan (ton price, the same below). The urea receiving price of compound fertilizer enterprises in Linyi area is 1930-1950 yuan, Hebei 1880-1900 yuan, Henan 1890-1900 yuan, Shanxi 1830 yuan, and most enterprises in Shanxi area can carry out tentative pre-sale, waiting for later unification. For settlement, although the price of urea in Xinjiang and other places has been properly rebounded due to the follow up of demand, the overall delivery situation is relatively poor. Even though there is still a certain demand gap in the late part of some areas, the situation of overall oversupply has already become a foregone conclusion. Then there is another price ", so the purchasing psychology of traders began to panic, the market is in a tangle stage, take or take, this is a problem.

_ Since the environmental protection and safety storms, the recent policy restrictions on urea have eased slightly, while the recent price of liquid ammonia and other raw materials has slightly declined, which has laid a good precondition for urea production. On the other hand, some factories have been shut down for a long time. In order to dilute their own production costs, enterprises in April, without restrictions, the overall start-up rate of the industry. For higher, although some enterprises said that they would limit their production in the near future, the actual situation is "thunder is loud, raindrop is small", and the overall start-up decline has not been significantly reduced. According to the data monitoring of China Chemical Fertilizer Network, the daily production of urea in China is still maintained at 156,000 tons. With the successive resumption of production of some factories, the supply pressure can not be underestimated, because the supply volume in the later period is larger, it is the rule. To avoid risks, TRADERS'enthusiasm for purchasing is relatively low.

_ Because of the high temperature and other reasons, some crops such as maize in Yunnan are facing the phenomena of yield reduction or even no harvest, which greatly frustrates the enthusiasm of crop cultivation in the grass-roots market. On the other hand, the demand for fertilizer topdressing in Northeast China and Inner Mongolia around mid-June also increases the market panic caused by the dumps of some local traders, and urea bid price is more difficult. Normally, price reduction is also a helpless choice.

_reason three, grassroots inventory and low-cost new orders in some industries are not too optimistic about the late market. Because some traders and factories carry out Federal Reserve joint sales and procurement plans in contracts, the actual demand of the grass-roots market is limited, resulting in the backlog of social inventory. On the other hand, in order to limit their own supply pressure and reduce prices and promote orders recently, the supply of price-level goods in the market at this stage is relatively sufficient, although from the perspective of enterprises themselves, the supply pressure has been alleviated to a certain extent. However, it is not conducive to the urea increase after the start of the late market. It is expected that after June, the low-priced social inventory will still be consumed for some time.

In summary, the urea market as a whole is relatively general in recent years. Even though there is still a certain demand in the late market, it still needs a period of time to digest the social inventory in the context of excess supply.