Mmtc of India issued a tender announcement on April 22 and closed the tender on May 4, which is valid until May 11. Good play 1: Although the domestic urea market could not reach the point of declining after the issuance of the tender announcement at that time, due to the influence of the tender, the overall quotation of urea in many places was limited before May 1, Even the price of urea in some regions increased rapidly due to tight supply; Second, on May 4, the holiday, India announced that 14 suppliers had won the bid, with a total bid of 2.57 million tons. The lowest bid price of the east coast port was 356.99 US dollars (ton price, the same below), and the lowest bid price of the west coast port was 358.99 US dollars (ton price, the same below). However, according to the feedback from the market, China's bid accounted for a small proportion, and it was rumored that China only bid 500000-700000 tons, Although the number of printed bids is large, the participation of Chinese enterprises is low. Even if all the bids are won, the support for China is limited; Third, it is rumored that through counter-offer, the total bidding volume in India is 550000 tons, of which there is no Chinese source. So far, the bidding in India has basically come to an end. This time, the printing bid was full of twists and turns. When the domestic demand was slightly weak, the bidding started. However, after a turn, China was absent from this bidding. However, after this series, the domestic urea price remained relatively high.

At present, the mainstream ex factory price of urea is 2100-2160 yuan in Shandong, 2160-2190 yuan in Linyi, 2110-2130 yuan in Hebei, 2100-2130 yuan in Henan, 2070 yuan in Shanxi and 2050-2080 yuan in large particles. There are several reasons for the price increase of domestic urea without printing label in the near future

First of all, the inventory pressure of the factory itself is relatively low. Even if the overall daily output of urea is maintained at more than 160000 tons in the near future, most of the factories have low inventory and low sales pressure. If the overall price of this Indian bidding is acceptable, the enterprises may consider exporting for profit. However, the ex factory price of this Indian bidding is less than 2000 yuan in Shandong Province, and the enterprises have relatively high initiative, so it is unnecessary to export at a low price.

Secondly, the domestic market demand support is fair. Although it is near the end of high nitrogen fertilizer production, the support of industrial market demand is still strong. In addition, the multi land agricultural topdressing market is also gradually starting. Even in the early stage of Northeast China, the price was once pushed up due to the shortage of large particles, resulting in the phenomenon that one product is hard to get. Even if the peak season of industrial and agricultural demand does not last longer than the beginning of June, the inventory pressure of the comprehensive factory itself is very low, In the short term, there is little pressure on sales, and the overall price can still remain at a relatively high level.

To sum up, although the price of domestic urea has entered the upward channel under this printing standard, printing standard is not the main reason. In the near future, the urea market demand in some regions still exists, and the price may continue to rise. However, the domestic supply is relatively large, and the current amount of Hong Kong stock is relatively large. In addition, the industrial market demand is coming to an end, so it is expected that the later increase will be small, and the price in some mainstream regions is still likely to decline.