Trade name: urea

Latest price (March 15): 2070.00 yuan / ton

On March 15, the ex factory quotation of urea in Shandong fell by 30 yuan / ton, or 1.43%, compared with the quotation on March 12. The recent high level consolidation of upstream liquid ammonia shows good cost support. On the demand side: most of the agricultural needs are used as soon as they are purchased, the willingness of terminal purchasing is general, and the agricultural purchasing in mainstream areas is cautious; the start-up load of downstream compound fertilizer and rubber sheet plants is acceptable, and the follow-up of small orders on bargain hunting, most of them follow the market. Supply side: at present, the operating rate of urea enterprises is about 72.5%, and the daily output is about 160000 tons. Some of the fresh water storage sources have been expanded, and the start-up load of urea enterprises has been increased. Based on many factors such as the rising demand of local industries and the expectation of printing standards, some manufacturers are still willing to support the price.

In the future, it is expected that the short-term urea market will fluctuate slightly and rise mainly: the average price quoted by manufacturers is about 2100 yuan / ton.