Trade name: urea

Latest price (November 24): 2500.00 yuan / ton

On November 24, the ex factory quotation of domestic urea was temporarily stable, which was the same as that on November 22, with a year-on-year increase of 37.61%. The prices of upstream coal and liquefied natural gas have fallen slightly recently, and the cost support has weakened. From the perspective of demand: the demand is general, and the agricultural demand ends at the beginning; Industrial demand is mainly wait-and-see, the recommendation of winter storage of chemical fertilizer is slow, the downstream compound fertilizer plant has not yet started to purchase urea on a large scale, the inventory of melamine enterprises is under pressure, and the focus of market negotiation is weakened. In terms of supply, urea enters the centralized maintenance period, the supply decreases, and the daily output of urea is less than 130000 tons. On the whole, the urea cost support is insufficient, the downstream demand is general, the market trading atmosphere is general, and the urea supply is reduced.

In the future, it is expected that the ex factory price of domestic urea may decline slightly: the average price quoted by the manufacturer is about 2450 yuan / ton.