In mid July, the domestic urea market also experienced some uncertainties. Whether it was India's bid again or the start of rain assisted agricultural demand, it was "unexpected" in the market. Even if the industry bears the majority, but also does not hinder the short-term strong trend of urea prices. In this regard, most market analysts still hold a wait-and-see attitude, while factories mainly keep prices, and dealers follow in and out, and frankly say that the volume of goods sold is less than in previous years. In addition, in terms of industrial demand, the operating rate of compound fertilizer and plate enterprises is low, and raw material procurement is difficult to be regarded as good.

As of July 13, most of the main production areas of traditional urea in China were stable, and some of them rose slightly. The ex factory quotation of Shandong Province was 1620-1630 yuan / ton, and the wholesale price of Linyi market was 1670-1680 yuan / ton; the quotation of Henan enterprises was 1620-1640 yuan / ton, and the actual transaction volume was about 1610 yuan; the quotation of Shanxi Province was about 1580 yuan / ton. On the whole, the recent rainfall in the North has driven the demand for corn topdressing in North China and central China. In addition, India announced a new round of urea bidding and procurement on July 9, which has temporarily supported the domestic price stability situation, and even some regions have explored the rising market.
Printing marks bring benefits again

Thanks to "printing mark", China's once falling urea market was able to build a bottom and rebound. As a result, domestic manufacturers and dealers were still reading "printing label" in early July, which was also the case. Due to the urea export demand brought by the printing label, a large number of low-cost goods from Inner Mongolia factories were diverted. It can directly guarantee the good agricultural demand in North China and central China, and can support the ex factory quotation of traditional urea production areas to maintain above 1600 yuan / T, which is the basis for the industry to judge the future rise and fall.
The international market is stable temporarily

According to foreign media news, the international urea market support is limited, and the overall quotation is mainly stable. With the announcement of a new round of urea procurement bidding in India, on the one hand, traders re evaluated the possibility of its operation, and at the same time, it also led to and supported the short-term international urea market activity. As of the end of last week, the overall quotation of traders was stable, with the FOB price of small granule urea of youri Nei trading at US $210-212 / T, temporarily stable; the FOB price of small granule urea in Baltic Sea was at 210-212 USD / T, which was temporarily stable. China's bulk small granule urea was reported at 227-231 US dollars / ton offshore, up 1-4 US dollars. For some market analysts, the continuous Indian bidding is indeed an important indicator to ease the current off-season demand period. In other words, India's huge demand in recent years has made the market supply and demand situation tighter. It has quickly taken on the major responsibility of stopping the decline and rebounding in the international market, and is expected to keep this good situation until early September.

To sum up, the recent domestic urea market consolidation, there is no lack of some manufacturers to explore the rise of operation, this is undoubtedly the result of India's re standard and precipitation in North and central China to boost agricultural demand. However, from the perspective of long-term domestic demand and the mentality of most dealers, the urea industry itself still lacks the substantial advantage of maintaining high prices. In addition, some analysts worry that the Urea Export in the later stage will not be as expected due to the loading restrictions at some ports. Therefore, the vast majority of provincial-level agricultural means of production companies continue to purchase on demand, with the import and export of goods is the best interpretation of the cautious mentality. In fact, the industry's focus is still on the industry's operating rate and domestic demand. As for the speculation on the printing mark, it is more to maintain the current quotation. Based on the current market supply and demand and mentality judgment, it is estimated that at the end of July, the factory quotation of traditional urea production areas in China is 1580 ~ 1600 yuan / ton, and the actual transaction volume is about 1600 yuan / ton.