Recently, the performance of fertilizer market is relatively general, with few new orders for most mainstream fertilizers. Recently, due to the impact of environmental protection and epidemic situation, the overall transaction performance of urea is relatively general, but the overall price remains at a relatively high level. At present, the mainstream ex factory price of urea in Shandong Province is 1820-1830 yuan (ton price, the same below), and the receiving price of urea by compound fertilizer enterprises in Linyi region is 1850 yuan, while that in Hebei Province is 1850 yuan The main price of urea is 1810-1830 yuan in the region, 1830-1850 yuan in Henan, 1740 yuan in Shanxi, 1780 yuan in large particles, 1960 yuan in Heilongjiang and 1420-1500 yuan in Xinjiang. Although the transaction situation in some regions is relatively general, the willingness of the factories to support the price is relatively strong, such as black spot In Longjiang area, the self raised reference price of small particles arriving at the station is about 1900 yuan, but some plants still maintain high quotation. The main points of high-level operation of urea are as follows:

First of all, the enterprise inventory is low. Since October last year, a new wave of chemical fertilizer commercial light storage has been implemented in China. As for urea with a higher proportion, the number of commercial light storage is not low. In addition, this year's light storage inspection is stronger than in previous years. Most urea enterprises have light storage orders in their hands. Although the actual hard demand of urea market has been relatively small since the middle of December, enterprises are affected by light storage orders Most urea enterprises' overall inventory is at a low level, and even some gas head enterprises that stop production have only a few thousand tons of inventory, so they are not eager to sell, and pricing is in the initiative.

Secondly, urea enterprises started to recover slowly. Recently, with the start of large particle production in Jincheng area of Shanxi Province, the overall start-up of domestic urea has gradually resumed. At present, the daily physical output of urea in China has exceeded 120000 tons, and recently, some gas head enterprises have joined in the pace of production recovery. However, in view of the current situation of urea enterprises, the urea in high price areas can not be impacted by foreign sources for the time being, and the market is booming The supply of goods at the upper and lower prices is relatively small. Even if the traders sell at the factory price slightly, the supply of goods available for sale is relatively small. According to the production recovery plan of most gas head urea enterprises at the present stage, the gas head urea enterprises may resume production as soon as mid to late January, and the first thing to ensure is the surrounding market. In the short term, the inflow of low-cost goods may be limited, and the price can be stable for a period of time.

Finally, the potential demand remains. It has to be admitted that the demand of urea market is relatively single at the present stage, and the downstream enterprises and plate factories are the main ones. However, the potential demand still exists in the later stage, and the production peak season of fertilizer storage in winter is about to enter at the present stage. According to the Convention, there is a wave of purchasing demand in the agricultural market around the Spring Festival. Recently, environmental protection is gradually fading, and the downstream industrial market is gradually recovering, and the market is in the late stage Potential market demand remains, some factories are optimistic about the late market, and the price may rise.

To sum up, although the recent urea market demand performance is flat, but supported by the above factors, the overall price is still running at a high level, and even slightly increased in some regions. However, with the gradual recovery of construction, the room for increase may be limited.