Domestic urea factory prices may still continue to rise

Domestic urea prices rose steadily. After the bidding ended in India last week, the supply and demand in the international urea market slowed down. This week, fewer orders were issued for new transactions in the domestic market. Most of the manufacturers are mainly implementing pre-orders, and the export dynamics of the domestic market have slightly decreased from the previous period. Recently, the impact of “energy-saving and emission-reduction” on the market has gradually increased. In Shandong, Shanxi, Anhui and other regions, manufacturers have gradually limited production and production, and some manufacturers take this opportunity to continue to increase the price. However, it is understood that the manufacturers involved in this energy-saving emission reduction will not necessarily all stop production. Some manufacturers are negotiating with the local government and may limit production to replace production. Therefore, it is not yet possible to determine how much output will be reduced. Today's manufacturers in Shandong, Hebei and Henan provinces have little quotations. Except for some manufacturers who raised their prices due to insufficient production, the main trends remained stable. Currently, the mainstream factory prices in Shandong and Hebei are 1650-1680 yuan/ton, and Henan 1700-1750. Yuan / ton. Discontinued manufacturers in Jiangsu and Anhui have increased, and the market price has remained strong. The current mainstream factory price is 1,750 yuan/ton, but most manufacturers still implement pre-orders. In addition, the low-end prices in the northeast are affected by the external influences. The current mainstream factory price is 1600-1650 yuan/ton, but the transaction volume is still small.

Taken together, although new export orders have not been closed, the previous export orders will still support the market. If there are more manufacturers that have stopped production due to environmental protection and energy conservation in the later period, domestic urea factory prices may still continue to rise, but Because dealers have more concerns about late-stage markets, the actual volume may not be large.