Trade name: urea
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Latest price (November 9): 2519 yuan/ton
On November 9, the comprehensive price of domestic urea was temporarily stable, unchanged from that on November 8, with a year-on-year drop of 6.22%. The upstream Yangquan anthracite (washing medium block) is about 1630 yuan/ton, the price drops slightly, and the cost support is average. From the perspective of demand: agricultural demand has a small amount of stock, while industrial demand has increased. The production of rubber sheet plants is low, and the purchase of rigid demand is the main demand. The production of compound fertilizer plants is declining, and the demand for urea is weakening. The price of melamine was consolidated at a high level, and the enthusiasm for urea procurement was good. After a long wait and see, the downstream began to replenish a small amount of storage. In terms of supply, Shanxi has limited production for environmental protection, and the daily output of urea is below 150,000 tons.
In the future, the domestic urea market price is expected to rise slightly, with the average market price at about 2530 yuan/ton.
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