On September 15, the price of urea in Shandong was temporarily stable

Trade name: urea


Latest price (September 15): 2506.67 yuan / ton

On September 15, the ex factory quotation of urea in Shandong was temporarily stable, which was the same as that on September 13, with a year-on-year increase of 48.62%. The prices of upstream coal and liquefied natural gas have increased slightly recently, with strong cost support. From the perspective of demand: the demand increases, the agricultural demand begins to prepare fertilizer, the industrial demand rises, the demand for urea in the downstream compound fertilizer and rubber plate plants increases, and the operating load rate of melamine enterprises remains at a high level. Most of them follow up with the acquisition and use of an appropriate amount. In terms of supply, urea has entered the centralized maintenance period. There are maintenance plans in Shandong, Shanxi, Xinjiang and Inner Mongolia, and the daily output of urea has declined. On the whole, the urea cost support is strengthened, the downstream demand is increased, the urea supply is reduced, and the supply is in short supply.

In the future, the ex factory price of urea in Shandong is expected to rise slightly: the average price quoted by the manufacturer is about 2550 yuan / ton.


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