Domestic urea market slumps on October 16

On October 16, 2012, the domestic urea market was sluggish. Due to the end of the autumn fertilizer market in Shandong, Hebei, and Henan, sowing in the Suyu region has not yet started. However, the local urea market is sluggish, and the salesman's enthusiasm for purchasing fertilizer is not high. Currently, Domestic urea market conditions are weak. The autumn sales of compound fertilizer manufacturers basically ended. Since the market conditions for winter storage have not yet started, most manufacturers have stopped production or have been under low-load production. The manufacturers’ raw material procurement is not active.

Supported by the export orders, the factory price of urea manufacturers was temporarily stable. The prices of urea in Shandong, Hebei, and Henan showed signs of falling, and the ex-factory price of individual companies was slightly reduced by RMB 10/ton. The market for winter storage in the northeast China has not yet started. The local urea manufacturers still perform export orders based on the issuing port. Currently, the local urea company's factory price is 1950-2100 yuan/ton, and the urea enterprises in Heilongjiang have a large single-transaction price at 1950 yuan/ton. , Individual high-end bottle tablets urea sales offer 2030 yuan / ton.

The recent export market demand still supports the domestic urea market. Despite the weak domestic market demand, the factory price of urea manufacturers will also be mainly stable. As the market environment is still not ideal, the long-term market conditions are still not good.