The market price of domestic urea is stable and steady, and the domestic urea market is in a sluggish market. The market transactions still have no improvement. The recent sales, industrial and agricultural sales are not satisfactory. In Shandong and Hebei, the factory price of urea enterprises was temporarily stabilized at around 1,960 yuan/ton, and the sales situation of the manufacturers was not satisfactory. The factory prices of urea enterprises in Henan, Anhui, Hubei, and Hunan regions were gradually reduced by 20-40 yuan/ton. At present, Shandong and Hebei urea enterprises ex-factory price of 1970-2020 yuan / ton, Henan urea enterprises factory price in 2000-2050 yuan / ton, the transaction quoted in the 1950-1960 yuan / ton. The urea market in Northeast China is still in a stagnant state. Most of the urea manufacturers' products are sent to Liaoning port exports, and a small part of the group's internal reserves are digested. At present, the local urea enterprises are ex-factory price around 2000-2080 yuan/ton, and the currently discontinued manufacturers will resume production. It is expected that pressure on manufacturers will increase after one \ two weeks. The recent domestic urea market conditions are sluggish, and the urea market price is still bearish. In recent days, Pakistan and India respectively have relatively large procurement bids. If they can win the bid, the market price of urea in the surrounding areas of Shandong Province can be maintained at 1950 yuan/ton or more in the short term. Conversely, the urea market price may continue to fall.
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