On November 24, the domestic urea price rose by 0.73%

Trade name: urea

 

Thiourea

Latest price (November 24): 2744 yuan/ton

 

On November 24, the comprehensive price of domestic urea rose slightly, 0.73% higher than that on November 23, and 9.76% higher than that on the same period last year. The price of upstream Yangquan anthracite (washing medium block) is about 1630 yuan/ton, with high price consolidation and good cost support. In terms of demand, winter storage of chemical fertilizers has been fully started, and industrial demand has increased. The operating rate of the compound fertilizer plant has risen, and the enthusiasm for urea procurement is good. The board and melamine enterprises started in general, and just needed to purchase. From the perspective of supply: environmental protection inspection in Shanxi, the resumption of work was delayed, gas enterprises began to stop for maintenance, and daily urea production further decreased. Meanwhile, the delivery of urea is blocked.

 

In the future, the domestic urea market price is expected to rise slightly, with the average market price at about 2760 yuan/ton.

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