At present, China's urea market still has more support points

Domestic urea prices rose steadily. Still affected by the purchase of large agricultural companies and the bidding for India, the price of urea in Shandong continued to rise slowly, and due to its impact, manufacturers' prices in Hebei, Henan and Hubei and Hunan regions also rose slightly. At present, the mainstream factory prices in Shandong and Henan are 1950 yuan/ton, with a few high-end reaching 2,000 yuan/ton, and the factory prices in the two lakes are 1950-1980 yuan/ton, rising slightly by 20-30 yuan/ton. The ex-factory price of local manufacturers in Guangxi also reached 2000-2100 yuan / ton. Internationally, yesterday's bids in India had a tender volume of 1.06-1126 million tons, and a minimum land-to-shore quotation of 362.75 US dollars per ton, of which China's urea occupies an important position, with an average offshore quotation of US$338/ton. In addition, most of the urea in the bidding in Bangladesh on the 26th came from China. In September, China’s urea export volume reached 1.197 million tons, and the total export volume from January to September reached 369,495 tons, which exceeded the annual export volume in 2009. If the government does not increase export tariffs before the end of the year, it is expected that the total export volume in 2010 will be More than 6 million tons was exceeded in 2007. Affected by sluggish prices in the first half of the year and energy-saving and emission reduction in the second half of the year, the operating rate of urea manufacturers in the country has remained below 80%. The situation that production output has been reduced but exports have increased substantially will increase the number of There is a possibility of supply tension in the region. Taken together, at present, China's urea market still has more support points. Before the tariff increase, the main trend will continue to maintain an upward trend.

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