On August 27, 2026, the domestic urea market continued to decline weakly, 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 1650-1740 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. The current market sentiment is gradually recovering, and we further look forward to policy guidance and export boost. Under the premise that the domestic supply and demand fundamentals are difficult to fundamentally improve, the stabilization of urea prices will rely on exports and production cuts. Specific attention should be paid to changes in market supply and demand as well as export situations.