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Seal fire: it's better to watch fire from the other side than to draw chestnut from the fire
Time:2021-03-24   Read:800second  

Since the beginning of this year, after the continuous increase of international price, China's urea price has been pushed up by the international price rise, which has refreshed the highest price last year. After a wave of price reduction, the urea bidding of India finally surfaced: on March 13, India RCF issued the bidding, and announced the number of bids and the lowest bid price on March 22. Therefore, the recent urea price in China has been rising from last weekend. In addition to some false high quotation, the price has rebounded. Although the overall increase is not too large from the increase, with the gradual increase of the bidding heat in India, the transaction price of some factories has been gradually increased and settled. Currently, the main factory price of urea in Shandong Province is 2080-2110 yuan (ton price, the same below), The price of urea receiving by compound fertilizer enterprises in Linyi area is 2140-2160 yuan, that of mainstream urea in Hebei Province is 2090-2100 yuan, that of Henan urea mainstream is 2080 yuan, that of mainstream urea in Shanxi Province is 2020 yuan and that of big particles is 2010-2040 yuan. However, the quotation of some large factories in Inner Mongolia also began to increase by 120 yuan to 1920 yuan yesterday. The price of urea plants in many places is to be announced by the printing mark. In addition, the domestic industrial and agricultural market still has certain demand for urea. Under the premise that the market has good expectations, it is not suitable for some industry to reserve without any chance. The main reasons are as follows:

On the one hand, the printing mark is on the public, and there are variables in quantity and price. Although China urea is a depression of international price, it is also an indisputable fact that domestic supply is at a high level. It can also be ex factory of 1900 yuan on the premise of removing profits from middlemen according to the recent international price. From an objective perspective, India will certainly have the action of pushing down the price of urea in China in this bidding. Suppose China has too much urea bidding, and the quantity of urea at the port of low price delivery in the early stage is not small. China urea is in a passive state. If the above assumption is not true, if it is higher than India's expectation, India can also take a small amount of goods in this bidding, and a small number of bidding is required. For specific operation, please refer to August last year.

On the other hand, some areas are subject to seasonal influence, and the storage time is relatively long. In recent years, the overall price of urea has been adjusted flexibly. Although the recent price of urea may rise, it is not sure whether the price is higher than that at present when applying fertilizer in various parts in the future. The domestic supply quantity is relatively high. However, the capacity of urea enterprise is relatively limited. If the delivery is blocked, the price may decline Relatively high sex, so some traders said that in the near future, due to the increase in urea price, they are short of inventory. It is the best policy to cash the goods in hand first. The rest is back-to-back trade mode, and they do not intend to hold it for a long time.

In summary, India has conducted the bidding, and the international price is running at a high level, which is better than the domestic urea price. However, due to the constraints of its own supply pressure and the short-term increase of international freight, there is a possibility of further increase in domestic urea price, but there are still some variables if it reaches the high level in February this year.

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