It can be seen from the above figure that the mainstream ex factory price of urea increased slightly this month: the price increased from 2963.00 yuan / ton at the beginning of the month to 3046.00 yuan / ton at the end of the month, an increase of 2.80%, an increase of 40.37% year-on-year compared with the same period last year, and there is still an upward trend at the end of the month.
| Thiourea |
On April 29, the urea commodity index was 141.67, up 0.37 points from yesterday, down 2.01% from the highest point of 144.57 points in the cycle (2021-10-26), and up 154.80% from the lowest point of 55.60 points on August 17, 2016. (Note: the period refers to the period from September 1, 2011 to now)
In April, the price of urea rose slightly, with the highest increase of 0.75% in a single week. From the manufacturer’s quotation, the mainstream ex factory price of urea in Shandong increased slightly this month:
The upstream support is good, the downstream demand is enhanced, and the urea price rises
From the upstream and downstream industrial chain data, the upstream products of urea rose slightly as a whole this month: the price of liquefied natural gas fell first and then rose. The price fell from 7374.00 yuan / ton at the beginning of the month to 7208.00 yuan / ton at the end of the month, a decrease of 2.25%, and a year-on-year increase of 135.81% compared with the same period last year.
The price of liquid ammonia rose slightly, from 4936.67 yuan / ton at the beginning of the month to 5066.67 yuan / ton at the end of the month, up 2.63%, up 30.25% year-on-year compared with the same period last year. The price of melamine in the downstream of urea fell broadly this month, from 11933.33 yuan / ton at the beginning of the month to 10166.67 yuan / ton at the end of the month, a decrease of 14.80%.
From the perspective of demand: the agricultural demand in the South started and the industrial demand in the North increased. From the perspective of supply: some manufacturers started maintenance in May, and the supply decreased. There is a small volume at the exit. India issued a new round of non quantitative urea bidding. Various factors continue to drive up the price of urea. The policy of ensuring supply and price stability remains unchanged.
The demand for urea increased slightly in the upstream and strengthened in the downstream
The urea market may rise slightly in the middle and early ten days of May, dominated by consolidation. Urea analysts of business society believe that the upstream cost of urea has been well supported recently, the downstream demand has increased, the urea supply has declined, the supply of chemical fertilizer is mainly guaranteed and the price is stable, and the urea rises slightly in the future.
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