SunSirs: The Domestic Urea Market is Temporarily Stable
December 06 2022 15:07:20Upstream Yangquan anthracite (washed medium block) is around 1710 RMB/ton, the price has risen, and the cost support has increased.
From the perspective of demand: agricultural demand is average, and industrial demand is normal. The operating rate of the compound fertilizer plant is relatively high, and the enthusiasm for urea procurement is relatively high. Sheet metal and melamine enterprises started operations in general, and mainly needed to purchase. Downstream has a strong wait-and-see atmosphere for high-priced urea, and purchases have slowed down.
From the perspective of supply: Environmental protection inspections in Shanxi have delayed the resumption of work. Some gas companies shut down for maintenance, and the daily output of urea is around 150,000 tons.
In the future market, urea fluctuated slightly and fell.
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