Domestic urea prices continue to decline

Domestic urea prices continue to decline. The urea market in Shandong, Hebei, and Henan remained unchanged, and mainstream prices continued to decline slowly, and the range of price decline was gradually expanding. Significant signs of decline had already taken place in Jiangsu, Anhui, Fujian and Guangdong and Guangxi. However, due to different implementation of export orders, energy-saving emission reduction production, market sentiment and other factors affect the instability, the manufacturers quoted imaginary phenomenon is still very clear, in some areas, manufacturers offer and the actual transaction price there is a big gap. For example, the price quoted by Hebei manufacturers is 1610-1650 yuan/ton, and the actual transaction price of some manufacturers has fallen to 1,590 yuan/ton, while the drop in factory prices at high and low prices in Jiangsu, Anhui, and other regions is also above 50 yuan/ton. , Guangzhou wholesale market prices from the previous 1880 yuan / ton fell to 1820-1830 yuan / ton. In terms of production, affected by the “energy saving and emission reduction”, production-limiting and production-suppressing manufacturers continue to increase. Currently, there are more than 55 manufacturers that suspend production and severely restrict production, which is close to one-third of the total domestic urea manufacturers. Taken together, the domestic urea market will continue to decline in recent days, especially in Henan, Jiangsu, Anhui and other regions may have higher prices significantly lower, but under the influence of energy-saving emission reduction, the overall price decline of urea will be relatively slow, the rate limited.