SunSirs: On September 20th, the Domestic Urea Market Rose
September 21 2023 13:18:44 SunSirs (John)
Price trend
On September 20th, the domestic urea market rose.
Analysis review
The upstream Yangquan anthracite (washed, medium, block) was around 1,160 RMB/ton, with a temporarily stable price and average cost support.
From a demand perspective, agricultural demand was weakened, industrial demand was average, and urea exports were good. Sporadically replenished in agriculture. The operating rate of the compound fertilizer plant was average, and the enthusiasm for urea procurement was normal. Board and melamine enterprises generally started construction and mainly purchased on demand.
From a supply perspective: Some enterprises stopped for maintenance, and their daily urea production was around 160,000-170,000 tons, indicating sufficient supply.
Market outlook
Urea will fluctuate and fall slightly in the future.
If you have any questions, please feel free to contact SunSirs with support@SunSirs.com.
- 2025-05-06 SunSirs: Poor Demand, the Urea Market Was Weaker and Declining in April
- 2025-04-28 SunSirs: Poor Demand, Urea Market Continues to Decline (April 21-25)
- 2025-04-22 SunSirs: Weakening Demand Led to a Decline in the Urea Market (April 14-21)
- 2025-04-08 SunSirs: Demand Reduced, the Urea Market Price Fell (April 1-7)
- 2025-04-02 SunSirs: In March, the Domestic Urea Market Showed a Stronger Trend and Rose
