SunSirs: On June 8th, the Domestic Urea Market Rose
June 09 2023 11:11:03 SunSirs (John)
Price trend
On June 8th, the domestic urea market rose
Analysis review
The upstream Yangquan Anthracite (washing medium block) was about 1,160 RMB/ton, with low price consolidation and general cost support. From a demand perspective: agricultural demand had increased, while industrial demand was average. Starting from summer fertilizer preparation and replenishment, the operating rate of compound fertilizer plants had increased, and there was a good enthusiasm for urea procurement. Board and melamine enterprises generally started construction and mainly purchased on demand. From a supply perspective, some enterprises had started to resume production, with daily urea production ranging from 160,000 to 170,000 tons.
Market outlook
Urea will fluctuate to rise slightly in the future.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 2024-02-22 SunSirs: On February 21st, the Urea Market price in Shandong Province rose
- 2024-02-19 SunSirs: On February 18th, the Urea Market in Shandong Province Rose
- 2024-01-26 SunSirs: Urea Market Center May shift Downwards in 2024
- 2024-01-26 SunSirs: In 2023, Urea Exhibited a V-shaped Oscillation
- 2024-01-11 SunSirs: On January 10th, the Urea Market in Shandong Fell
