SunSirs: On April 8, the domestic urea price fell by 0.95%
April 08 2022 15:30:07Trade name: urea
Latest price (April 6): 2930.00 yuan / ton
On April 8, the comprehensive price of domestic urea fell slightly, down 28 yuan / ton, or 0.95%, compared with the price on April 6, and increased by 38.64% year-on-year compared with the same period last year. The prices of upstream coal and liquefied natural gas have been adjusted at a high level, and the cost support is good. From the perspective of demand: strong agricultural demand and normal industrial demand. With the advent of spring ploughing, domestic fertilizer has entered the peak season, and dealers take goods actively. However, affected by the epidemic, urea shipment is blocked and freight rates rise sharply. The operating load of compound fertilizer plant, plate plant and melamine plant is high, and the bargain hunting is followed up appropriately. In terms of supply, the urea plant in Shanxi resumed production, the urea supply increased, and the daily output returned to more than 160000 tons. At the same time, many departments have taken measures to ensure the orderly release of agricultural materials supply and light storage sources, and the policy of ensuring supply and stable price remains unchanged. On the whole, the cost of urea is generally supported, the downstream demand increases, the supply of urea increases, and the aftermarket urea fluctuates mainly in a narrow range。
In the future, it is expected that the ex factory price of urea in Shandong may fluctuate slightly, and the average price quoted by manufacturers is about 2880 yuan / ton.
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