Domestic urea market prices continue to decline

It is understood that on October 31, 2012, the domestic urea market prices continued to decline.

According to relevant data, although some large factories in Shandong continued to execute export orders, the factory quotation of manufacturers remained at around 2,000 yuan/ton, but the domestic urea market demand was weak, and the actual transaction prices of manufacturers had fallen, and the actual transactions of urea enterprises in Shandong were currently concluded. Price 1910-1950 yuan / ton, urea enterprises in Hebei mainstream transaction price of 1920-1930 yuan / ton, urea enterprises in Henan mainstream transaction price of 1940-1960 yuan / ton.

With the export orders being issued one after another, high-end quotations from urea companies in Jiangsu have been gradually reduced to around RMB 2000-2020/t. The market price of urea in the northwest region is stable and stable. Manufacturers mostly sell in the form of temporary pricing of the Federal Reserve. Currently, the mainstream pre-payment price of urea enterprises in Xinjiang is around 1,800 yuan/ton, and the mainstream factory price of urea enterprises in Ningxia is around 1850-1880 yuan/ton, Shaanxi Province. The market price of urea in the region has been significantly reduced. At present, the mainstream of local urea enterprises is temporarily priced at 1920-1950 yuan/ton. The factory price of urea enterprises in Southwest China is basically stable. The mainstream factory price of urea enterprises in Sichuan and Chongqing is 1900-1950 yuan/ton.

At present, there is a serious lack of confidence in the domestic urea market, and the market for winter storage starts slowly. Although export orders of urea manufacturers in Shandong and Shanxi can be implemented until mid-November, partially slowing down the local urea market price, the market's downward trend is difficult to change. The domestic urea market price will continue to decline slowly.