On January 28, 2026, the domestic spot price of urea remained stable with a slight increase, and the ex factory quotation in some regions was slightly raised, with an adjustment range of 10-30 yuan/ton.

Market sentiment tends to stabilize, with urea prices rising by 1800 yuan/ton in the early stage. Downstream deliveries are relatively cautious, and the trading atmosphere in the market has weakened. New orders from manufacturers have decreased, and low-priced transactions are the main trend. Downstream resistance has increased, and the willingness to chase higher prices is not strong. Winter wheat and rapeseed and other crops are approaching the time for fertilization, and some agricultural suppliers are preparing fertilizer in moderation. The mainstream regional transaction price remains at 1680-1800 yuan/ton.