Price trend
On December 6, the domestic urea market was temporarily stable.
Details of domestic urea factory price on December 6:
|
Factory |
December 5 |
December 6 |
Daily Change |
Unit |
|
Shandong Ruixing |
2,760 |
2,760 |
0 |
RMB/ton |
|
Yanmei Pingyuan |
2,750 |
2,750 |
0 |
RMB/ton |
|
Xiangcheng San'an |
2,950 |
2,950 |
0 |
RMB/ton |
|
Hualu Hengsheng |
2,720 |
2,720 |
0 |
RMB/ton |
Analysis review
The upstream Yangquan anthracite (washed and medium block) was about 1,710 RMB/ton, the price rose and cost support increased. In terms of demand, agricultural demand was average, and industrial demand was normal. The operation rate of compound fertilizer plant was high, and the enthusiasm for urea procurement was good. The board and melamine enterprises started in general, and purchased just in needed. Downstream had a strong wait-and-see atmosphere for high priced urea, and procurement slowed down. From the supply side, the resumption of work in Shanxi was delayed due to environmental protection inspection. Some gas enterprises shut down for maintenance, and the daily output of urea was about 150,000 tons.
Market outlook
In the future, urea fell slightly in shock.
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