1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, as of June 30th, the reference average price of the domestic urea market was 1823 yuan/ton, a decrease of 3.65% from the reference average price of 1892 yuan/ton on June 1st.
2、 Market analysis
Supply and demand situation
The domestic urea market has been fluctuating after a continuous decline this month. In the first half of this month, the domestic urea market prices were weak and fell. The urea market is oversupplied, with downstream buyers purchasing at low prices and a bearish sentiment in the market. In the second half of this month, the domestic urea market prices fluctuated. The supply of urea in the market remains loose, with downstream demand for essential fertilizers being the main focus, and industrial demand maintaining essential replenishment. Market demand still needs to be released.
market conditions
As of June 30th, the urea market prices in Shandong are around 1770-1850 yuan/ton, Hebei is around 1770-1810 yuan/ton, Henan is around 1780-1800 yuan/ton, and Liaoning is around 1890 yuan/ton.
According to the weekly K-bar chart from March 31, 2024 to June 23, 2025, it can be seen that the domestic urea cycle is characterized by ups and downs. The maximum increase in domestic urea in June was 1.66% in the week of June 16th, and the maximum decrease was -2.22% in the week of June 2nd.
3、 Future forecast
Business Society’s urea analyst believes that the urea market has been fluctuating slightly in recent days. At present, the urea market is still oversupplied, with insufficient upward momentum and limited new orders from factories. It is expected that the domestic urea market price will weaken and consolidate in the short term.