The announcement of urea export inspection on April 12th has led to an increase in urea prices in recent days, with a cumulative increase of 100 yuan. At the same time, there are still some urea factories that remain rational, with prices falling slightly. In recent months, there have been multiple rumors and reports of urea exports, and this time there has finally been official news, with market prices rapidly rebounding. Last week, the price of ammonium sulfate also slightly increased in many places. Can we take advantage of this round of rising prices due to urea export news?

But it should be noted that the international urea price is not at a high level, and in the long run, urea still lacks sufficient positive support. This round of increase may only be due to the exploratory price increase of opening up exports, and it is still necessary to return to rationality in the future. At this point, ammonium sulfate is different. There is currently no good news for exports, but the good news is that the rare earth market is doing well, but the range of rare earth radiation is limited.

As of April 15th, the mainstream factory quotation for ammonium sulfate in China is 700-835 yuan/ton. So far, there is no further downward trend in ammonium sulfate prices, and prices in some regions are slightly stagnant. China's ammonium sulfate mainly relies on export trade, and international orders are crucial for ammonium sulfate. On March 11th, the offshore export price remained stable compared to the previous week, and on March 4th, the offshore export price in China also remained stable. It is obvious that the international offshore price has been slightly stagnant for two consecutive weeks, except for a decrease of about $5 in the landed price of Brazilian pellets on March 4th, everything else has remained stable. The bidding plan for 40000 tons in Indonesia has had a slight impact on the market. International urea may continue to decline, so international ammonium sulfate may be "dangerous". How can the domestic market of ammonium sulfate, which is affected by exports, be "safe"?

The export orders from February to April were relatively average, and the export inquiries were still acceptable. However, several ammonium sulfate factories in different regions reported an increase in international inquiries, but they only inquired and did not trade. They only asked and did not buy, and the prices were relatively low. There were sporadic small orders internationally, and the prices were not high. With the improvement of rare earths, the demand in Southeast Asia has also improved; In recent years, the process of replacing urea with ammonium sulfate has accelerated, and the cost-effectiveness of ammonium sulfate is higher than that of urea. However, this year, compound fertilizer plants are purchasing ammonium sulfate moderately and on demand. Overall, they are still cautious in purchasing due to their lack of market confidence.

China is the country with the richest rare earth mineral resources in the world, with approximately 44 million tons of rare earth ore reserves. At the same time, China is also the country with the highest rare earth production in the world. Although China's rare earth ore reserves do not have an absolute advantage, and its share of rare earth ore production in the world is also decreasing, 85% of the refined rare earths in the world are produced by China. In the early stage, the procurement of rare earths has slowed down, but in recent times, the procurement of rare earths has gradually improved, which can be considered as a major support for ammonium sulfate in the current market. With the increase of rare earth procurement, the price of ammonium sulfate in many regions has rebounded and gradually rebounded. However, according to feedback from Yunnan factories, although the procurement of rare earths has improved now, due to economic downturn, capital flow will still be limited, and there may be changes in the later stage of the market.