On October 28, 2025, over the weekend, there has been a widespread increase in the domestic urea spot market, with factory quotes in many places continuing to rise by 10-30 yuan/ton. The factory's order taking situation is good, with some manufacturers temporarily suspending orders. Downstream inquiries have increased, and trading conditions have improved. Market confidence has increased, bearish sentiment has eased, and downstream willingness to receive goods has rebounded. Some traders have already intervened while prices are low.

The current pressure on urea supply still exists, and the overall trading atmosphere in the market is still weak. Downstream companies are adopting a strategy of following up on demand and buying at low prices. The daily production of urea in China remains at around 190000 tons, with an operating rate of around 82%. The price of urea has recently fluctuated and stabilized, with more obvious bottom characteristics. The possibility of continuing to decline significantly is unlikely, and the worst is about to pass.