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SunSirs: On January 10, the Domestic Urea Market was Temporarily Stable

January 11 2023 09:38:39     

Details of domestic urea ex-factory prices on January 10:

Manufacturer  January 9th January 10th Change
Shandong Rising 2710 RMB/ton 2710 RMB/ton None
Yangmei Plain  2700 RMB/ton 2700 RMB/ton None
Xiangcheng Sanan 2900 RMB/ton 2900 RMB/ton None
Hualu Hengsheng 2710 RMB/ton 2710 RMB/ton None

Upstream Yangquan anthracite (washed, medium block) is about 1870 RMB/ton, the price is high and the cost support is good. From the perspective of demand: agricultural demand increased slightly, and industrial demand was normal. The operating rate of compound fertilizer plants is average, and the enthusiasm for urea procurement is average. Sheet metal and melamine enterprises started operations in general, and mainly needed to purchase. From the perspective of supply: Some plants in Shanxi have resumed production, and some gas companies have stopped for maintenance. The daily output of urea is about 150,000 tons.

In the future market, urea will fluctuate slightly and rise.

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