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On August 11, 2026, over the weekend, the domestic urea market has been steadily declining, with some regions experiencing a decrease in factory quotes. At present, the factory quotation for small and medium-sized urea particles in mainstream regions is between 1660-1770 yuan/ton.
Overall, with the weakening of agricultural demand and poor industrial demand, the support for the urea market has further weakened. The daily production of urea remains high, and the procurement of compound fertilizer raw materials is mainly based on essential needs. If under the guidance of subsequent industry policies, the urea market may be expected to stop falling and rebound, but the rebound height is expected to be limited on the premise of unchanged supply and demand fundamentals. Specific attention should be paid to changes in market supply and demand as well as export conditions.
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