During the period from last Saturday to Tuesday, urea prices fell sharply, with urea prices in Shandong and Lianghe provinces falling by more than 50 yuan (ton price, the same below). During this period, the low-end ex-factory prices of individual large factories in Shandong fell to 1700-1720 yuan. Various bad news came: most of the pending orders for India were around 10. Having been shipped and affected by Typhoon Lichma, the high-speed transportation in Shandong has been hindered, and some factories'export orders may be affected to some extent. The downstream market has a strong wait-and-see mentality and the overall purchasing intention is relatively low. However, after entering Wednesday, some large factories in Shandong have raised their prices, and then in recent days, Low-end prices are gradually disappearing everywhere, and even the supply-demand relationship of urea in Shandong and Lianghe is swapping. Some industries are shocked that urea prices are once again divorced from the forecast. According to some industries, the sudden rise of urea prices in this part of the region is mainly due to the following reasons:

First, the export delivery date may be delayed by one week. According to international information, due to force majeure, the goods transshipped on August 16 may not be supplied in time. The Indian market may extend for 7 days on the basis of the 16-day shipping schedule. At this stage, the impact of Typhoon on transportation has been greatly mitigated. It is known that some urea enterprises in Shandong and Hebei are catching up with it. Tight shipment, temporary relief of domestic sales pressure, in the domestic market sales occupied a relatively dominant position, but also made a certain cushion for price increases.

Secondly, low-price receipt is acceptable. It is understood that the urea market receipts on Tuesday are relatively good, of course, mostly low-priced sources, including low-end factory in Shandong Province 1700-1720 yuan, low-end factory in Shanxi Province 1600 yuan slightly higher, Inner Mongolia region 1560 yuan slightly lower, and so far the number of low-priced orders to be issued is relatively large, although the overall start-up is temporarily high. Bit operation, but in the short term there is no pressure on sales, or even relatively tight spot supply.

Finally, the capacity has just been restored, with more early orders rushed. Affected by typhoon, long-term orders signed by some domestic urea enterprises have been blocked. Transportation capacity has just recovered. Some factories in Shandong Province have started to urge pre-orders to be issued. Therefore, the current situation of tight market supply has been caused. The price rise of individual factories is also within a certain "understanding range".

To sum up, affected by the above factors, urea prices in some regions rebounded, but after all, the demand for urea in autumn market is limited, and at this stage, most of the regions are in the off-season of fertilizer use, the amount of goods settled to the grass-roots level is relatively small, and with the recent arrival of low-price sources, it may also inhibit the rise of urea prices. The market in Xinjiang, as a low price trough, has focused on the export market, and the overall price of urea is still expected to decline.