Although the overall price of urea is still in a weak position in recent years, and the main factory quotation in some regions has declined by more than 100 yuan this week (ton price, the same below), some urea price enterprises in Shandong, Lianghe and other places have shown signs of stability in their quotation. Now, the main factory quotation of urea in Shandong is 1680-1690 yuan (ton price, the same below), and the delivery price of urea from composite fertilizer enterprises in Linyi is 1710-1720 yuan In Hebei Province, the main price of urea is 1720 yuan, in Henan Province, 1670-1690 yuan, in Shanxi Province, 1610 yuan and 1650 yuan respectively. The demand of the downstream agricultural market is relatively weak, the stock backlog of some enterprises is gradually increasing, and the market is still weak. At present, the stable signs of urea are mainly caused by the following factors Ring:

Firstly, the demand gap of high nitrogen fertilizer market remains in summer. In the near future, the main supply industry and the replenishment demand of compound fertilizer production by the enterprise have not increased significantly. However, with the gradual resumption of work in various industries, the demand for urea market will increase. In the aspect of Hefei market, the implementation of fertilizer in spring is basically completed, and only part of the fertilizer will be scattered, and some factories have entered the stage of high nitrogen fertilizer production in summer. However, due to the market conditions, the demand for urea market will increase The overall demand of the field is relatively general. Most downstream compound fertilizer enterprises plan to start purchasing raw materials after Qingming Festival. The potential demand in the later stage is acceptable. Some factories intend to keep stable in the near future to explore the downstream market feedback.

Secondly, the bidding market in India is gradually clear. The bidding quantity and price have been published in this bidding. According to the current international news, the quantity of urea belonging to China's source of goods can reach 5-6 ships, and the lowest bidding FOB price should be slightly lower than 245 US dollars. Although there is still a certain gap between this price and the price implemented at this stage in China, it is not able to form a bottom price. However, due to the serious international epidemic, in order to avoid risks, it is expected that this time in China Once the source of goods wins the bid, the time for the export urea to stay in China will be greatly shortened. Therefore, the domestic urea source may cause the short-term supply shortage of the source of goods, and there will be signs of rising prices at that time.
Finally, the factory production has been reduced. Although some enterprises continue to resume production in the near future, the operating rate of some large factories has declined from 167000 tons per day in the early stage to 162000 tons per day in the current stage due to poor delivery and other reasons. Although the overall reduction is not large, urea enterprises in Anhui and other places also have production reduction plans in the near future, and the situation of market oversupply has slightly eased, although the situation has not been reversed at the current stage , but the market has been better than the previous period.

at present, only Heilongjiang and Xinjiang are the remaining areas of agricultural demand. Due to the late start-up time compared with other regions, local new orders and willingness to accept high prices are relatively low, but there are still some goods in the near future. In the near future, the urea market is stable. The enterprise initially explores the downstream market. Although it is expected that the industry will be stable in the later period, for example, when it comes to urea price It's still a bit too early to rebound.