SunSirs--China Commodity Data Group

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SunSirs:Views on the Rise and Fall of Urea Prices on September 11

September 12 2019 09:47:57     SunSirs (John)

  

Product Name: Urea 

The latest price (September 11): 1840.00 RMB/ton 

On September 11, the quotation of urea ex-factory in Shandong Province was temporarily stable. There are too many shutdowns because of domestic urea downstream being affected by environmental protection policies and safety checks. The atmosphere of the urea market is strong. However, with the coming of agricultural demand, purchasing willingness begins to rise, and downstream distributors begin to stock up, which maybe make the urea market prices start to rebound. 

Recently, the ex-factory price of urea in Shandong may rise volatility: the manufacturer's price is around 1,900 RMB/ton.

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