Trade name: urea

Latest price (August 6): 2820.00 yuan / ton

On August 6, the ex factory quotation of urea in Shandong was temporarily stable, which was the same as that on August 2, with a year-on-year increase of 63.01%. Upstream coal prices have risen slightly recently, and cost support has been strengthened. From the aspect of demand: the agricultural demand is general, and the industrial demand is normal; The operation of downstream compound fertilizer and rubber plate plants is not high, and the operating load rate of melamine enterprises remains high. Most of them are used with mining and followed up with a proper amount of bargain hunting. In terms of supply, urea has entered the off-season of agricultural demand, and the parking and maintenance plants are relatively concentrated. The daily output of domestic urea has decreased to about 138000 tons, with a significant reduction in daily output. In terms of transportation: affected by the epidemic situation in some areas, logistics and transportation are limited. On the whole, the urea cost support is strengthened, the downstream demand is weakened, the urea supply is tight, and the logistics transportation is limited.

In the future, the ex factory price of urea in Shandong is expected to decline slightly: the average price quoted by the manufacturer is about 2800 yuan / ton.