After India's bidding ended, urea prices in Shandong and other local areas rebounded slightly, but the local small-scale rebound still could not shake the market downturn. After 16 days, urea market entered the downward channel again, while the demand for compound fertilizer in autumn was all over, and the winter storage has not yet started in large areas, but it has burst out low prices again, so when will the downturn stop?

On October 21, the bid for urea in India was closed, and it was finally confirmed that the bid was 1.18 million tons, including 570000 tons of Chinese goods (including entrepot). It is said that India will issue another bidding in mid November, but the bidding price is too low, adding ice to the domestic urea market downturn. Recently, the price of urea has shown a significant downward trend. The main delivery of small-sized urea in Shandong fell to 1700 yuan / ton, while that in Inner Mongolia The urea price of some large factories in the region has dropped to about 1450 yuan / ton, with a large drop, mainly due to the end of fertilizer demand in autumn, the winter storage has not been fully started, the operating rate of compound fertilizer enterprises has declined significantly, the demand for Industry and agriculture is not good, and the daily output of 135000 tons of urea in China cannot be digested in time, so the road of urea price decline has not ended, and there is no possibility of recovery before the end of October. Sex.

About. Although the price is too low, it can't be fully accepted by the market. Only a few customers make a small amount of money, but most of them still wait a

The road to the bottom of urea is still in progress, so is the price of explosive compound fertilizer up to now? It can't be taken for granted simply. Considering the recent price of nitrogen, phosphorus and potassium raw materials, the downstream fertilizer preparation mood and market demand, the market of compound fertilizer is still relatively low in the short term, and the explosive products will continue to flow out, but the real winter storage veil of compound fertilizer will not be fully uncovered until before and after the phosphorus and compound fertilizer meeting.