SunSirs: On August 30th, the Domestic Urea Market Declined
August 30 2023 14:39:26The raw material of anthracite is around 1160 RMB/ton, with a temporarily stable price and average cost support. From a demand perspective: urea demand in agriculture has weakened, while industrial demand is average. Sporadic fertilization in agriculture.
The operating rate of the compound fertilizer plant is average, and the enthusiasm for urea procurement is normal. Board and melamine enterprises generally start construction and mainly purchase on demand.
From a supply perspective: Some enterprises have shut down for maintenance, and their daily urea production is around 160000-170000 tons, resulting in a tight supply. Urea fluctuated slightly and fell in the future.
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