This week, urea prices in many places in China rose slightly. The demand in some regions has released slightly compared with the previous period, and the factory quotation has risen slightly. As of this Friday, the factory quotation of urea mainstream in Shandong was 2400-2480 yuan (ton price, the same below), and the receiving price of compound fertilizer enterprises in Linyi was 2450 yuan; The factory quotation of mainstream urea in Hebei is 2520-2540 yuan; The factory quotation of mainstream urea in Henan is 2430-2460 yuan; The factory quotation of mainstream urea in Shanxi is 2390 yuan, and that of large particles is 2430 yuan. Although the urea price showed some signs of increase this week, and the number of inquiries was fair, the number of new orders in the market was relatively average. The inventory of some factories was still slowly increasing. The downstream compound fertilizer was about to be offered, and the light storage market was also gradually starting. The market still had not received a large number of goods, mainly because of the following reasons:

First, supply or save a certain amount of increment in the later period. Although the price of natural gas has been raised recently, and the centralized maintenance plan of urea enterprises in Sichuan around the middle of November has led to a significant increase in the price in Sichuan, there are also plans to resume production of urea in Jincheng and other places. The supply reduction in the short term has led to a slight shortage in the supply of goods in the spot market. At this stage, the daily physical output of urea is limited to below 150000 tons, but the supply is still higher than the same period in previous years, In addition to the legal inspection policy since the middle of October last year, the domestic urea supply pressure is higher than that of the same period of previous years, and since December, according to the plan, the supply has also shown an increasing trend. The strange circle of low peak season has already occurred frequently, and the overall trend of urea in the past two years has become more flexible. Some relatively cautious insiders have taken a conservative strategy. Since the supply of late incremental, reduce their own holding time appropriately, Therefore, the number of inquiries at this stage is fair, but the performance of new orders is relatively average.

Secondly, the epidemic affects shipment. Recently, affected by the epidemic, the shipment has been blocked in many places, and even the epidemic control in Xinjiang has been for three months. Even if there is an intention to clinch a deal with new orders, the shipment in many places is blocked, and the arrival time is difficult to be guaranteed, while the factory link is affected by the epidemic, there are also problems such as too long maintenance time, gradually rising storage pressure, and so on. As a result, the price rise of urea is relatively weak, that is to say, the factories in some regions have a basis for price rise, Downstream demand also exists, but it is relatively difficult to reach a deal.

Finally, the hard demand of the market is relatively small. Whether it is the off-season reserve or the spontaneous reserve of the downstream market, the actual hard demand for urea in the short term is relatively ordinary, even though the transaction situation in the northeast market with more reserve demand is relatively ordinary. In view of the recent trend of urea price, it is difficult to have a substantial upward adjustment of the price in the short term. The downstream market still has a wait-and-see mood, and plans to purchase moderately at a lower price.

To sum up, the price of natural gas has risen. Natural gas enterprises in many places have planned to store and repair around the middle of this month, and the estimated duration is relatively long. Affected by the epidemic situation in many places, the shipping restrictions in northwest and other places are obvious, and the overall supply is slightly tight. The national agricultural market is still in the slack season. Only a few regions in the south have sporadic demand, and a small amount of industrial demand has started to purchase. Traders can get goods at a reasonable price. On the whole, urea is still in the upstream and downstream game stage, and the price of urea will fluctuate in the short term.