Price trend
On August 4, the domestic comprehensive price of urea rose slightly at 2,438 RMB/ton, an increase of 8 RMB/ton compared with the price on August 4, an increase of 0.33%, and a year-on-year decrease of 13.55%.
Analysis review
Upstream cost support is better, downstream agricultural needs follow up as needed, and industrial demand increases. Some manufacturers have overhauled, and the daily output of urea is about 140,000 tons.
Market outlook
In the market outlook, it is expected that the domestic urea market price may rise slightly, and the average market price is about 2,450 RMB/ton.
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