Trade name: urea

Latest price (July 12): 2720.00 yuan / ton

On July 12, the ex factory quotation of urea in Shandong increased by 30 yuan / ton compared with the quotation on July 9, with a decrease of 1.12%, and a year-on-year increase of 64.85%. The price of upstream coal and liquefied natural gas has risen slightly recently, and the cost support has been strengthened. In terms of demand, there is a small amount of topdressing in North and East China, but the agricultural demand is general; The downstream compound fertilizer, rubber sheet factory and melamine enterprise started well, and most of them were purchased and used at any time, and followed up at a proper amount. From the aspect of supply: in the near future, the urea plant maintenance is still the same, the start-up recovery is slow, the daily output is still less than 160000 tons, the supply side is tight, and the enterprise inventory and social inventory are also maintained at a low position. International: it is said that India will issue a new round of import bidding this month, which will boost the domestic market mentality. On the whole, urea cost support is strengthened, downstream demand is weakened, and urea supply is tight.

It is expected that the ex factory price of urea in Shandong will rise slightly in the future: the average price quoted by the manufacturer is about 2750 yuan / ton.