Trade name: urea
Latest price (December 6): 2450.00 yuan / ton
On December 6, the ex factory quotation of domestic urea decreased slightly, which was 48.00 yuan / ton lower than that on December 3, a decrease of 1.92%, and a year-on-year increase of 35.61%. The prices of upstream coal and liquefied natural gas have fallen slightly recently, and the cost support has weakened. In terms of demand, agricultural demand increased slightly, while industrial demand was mainly on the sidelines. The promotion of winter storage of chemical fertilizer was slow, and large urea purchase orders began to appear in the downstream compound fertilizer plants. The inventory of melamine enterprises was under pressure, and the focus of market negotiation was weakened. In terms of supply, the inventory of urea manufacturers is high, and the daily output of urea is about 150000 tons. At the end of the month, the gas head unit will be shut down one after another, and the urea output will decline. On the whole, the urea cost support is general, the downstream demand is mainly just demand, the market trading atmosphere is general, and the urea supply is reduced.
In the future, the ex factory price of domestic urea is expected to decline slightly: the average price quoted by the manufacturer is about 2400 yuan / ton.
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