On March 11, 2026, the domestic spot price of urea remained stable overall, with some regions experiencing fluctuations in ex factory quotes, with an adjustment range of 10-50 yuan/ton. At present, the factory quotation for small and medium-sized urea particles in mainstream regions remains at 1800-1870 yuan/ton.

The international situation is constantly changing, and the prices of energy and chemical products are fluctuating sharply. The domestic urea futures market is also fluctuating, while the spot price of urea is mainly consolidating at a high level. However, market sentiment has heated up.

At such times, we must remain vigilant and not allow the sharp rise in international urea prices to be transmitted to the domestic market.

As long as we manage the export of urea well, we can control the domestic urea market. Which manufacturer dares to arbitrarily raise prices and refuse to comply, and then refuses to issue export quotas to them? If you don't believe them, they still dare to go against the wind.

Nissan is at a high level, with sufficient supply and stable demand, and there has not been a significant increase. The price of urea cannot exceed the limit, and the price of urea will not get out of control.

As the saying goes, there's really no need to be afraid of the price increase of urea!

China Good Agricultural Materials firmly believes that the previously announced guidance price should be the "ceiling" for the future operation of urea prices. However, we must be wary of relying on speculation in the urea futures market to raise spot urea prices. We cannot let individual institutions raise urea prices during the peak season of spring plowing and fertilizer use, otherwise ensuring supply and stabilizing prices may become a "guaranteed supply and price increase"!


At present, the market trading atmosphere is still good, agricultural demand is still being released gradually, industrial demand has not increased significantly, urea manufacturers have no pressure on shipments, price hikes are the main focus, and downstream customers are picking up goods according to demand, with a cautious attitude. Recently, light reserves have been gradually released. If the relevant regulatory measures are further strengthened and the supervision of the futures market is stricter, urea futures will be stable, and spot prices will be difficult to fluctuate greatly. In short, the future market trend of urea is worth paying close attention to.

Market forecast for the future: Overall, the current demand for industry and agriculture has improved, downstream procurement demand has increased, urea daily production has increased to around 220000 tons, and supply is abundant. Industrial enterprises such as compound fertilizers still mainly rely on on-demand procurement.
Spring plowing is coming, and the demand for urea agriculture will continue to be released. Urea is in a state of "strong supply and demand" in the short term, and the market is difficult to rise or fall sharply. However, the duration of the small peak in agricultural demand is relatively short, and the overall situation of industrial demand should not change much. Exports are likely to be delayed until the second half of the year, and urea prices will remain stable in the short term. Need to pay attention to news updates such as light reserve placement, futures market trends, and exports.