Details of domestic urea ex factory price on April 28:
Manufactor | April 27th | April 28th | Change |
Shangdong Ruixing | 3000RMB/ton | 3020RMB/ton | +20RMB/ton |
Yangmei Pingyuan | 2970RMB/ton | 3000RMB/ton | +30RMB/ton |
Xiangcheng Sanan | 3150RMB/ton | 3150RMB/ton | N/A |
Hualu Hengsheng | 3000RMB/ton | 3020RMB/ton | +20RMB/ton |
On April 28, the domestic urea market rose, the prices of coal and liquefied natural gas in the upstream were adjusted at a high level, and the cost support was general. From the perspective of demand: agricultural demand is weakened and industrial demand is normal. At the end of spring ploughing, fertilizer is supplemented sporadically in the downstream. At present, the shipment of urea in some areas is blocked, the freight rate rises sharply, and the transportation situation will improve in the later stage. The operating rate of compound fertilizer plant is high, and the enthusiasm for urea procurement is increased. The operating load of plate factory and melamine factory is general, and the bargain hunting is followed up appropriately. In terms of supply, the daily output of urea returned to more than 160000 tons, but the enterprise inventory decreased. The policy of ensuring supply and price stability remains unchanged. On the whole, the cost of urea is generally supported, the downstream demand is normal, the urea supply is high, the transportation is limited, and the future urea mainly fluctuates and rises in a narrow range.
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