1、 Price trend
According to the Commodity Market Analysis System of Shengyi Society, as of November 21st, the reference average price of the domestic urea market was 1655 yuan/ton, which is an increase of 1.53% compared to the reference average price of 1630 yuan/ton on November 17th.
2、 Market analysis
market situation
This week, the domestic urea market prices have been rising. This week, the urea futures market rose, driving up the spot market. As of November 21st, the urea market prices in Shandong are around 1600-1660 yuan/ton, Hebei is around 1590-1650 yuan/ton, Henan is around 1580-1660 yuan/ton, Hubei is around 1590-1640 yuan/ton, and Liaoning is around 1690-1730 yuan/ton.
supply and demand situation
This week, the domestic urea market has sufficient supply and increased demand. In terms of supply, the current daily production of urea is sufficient, the operating rate of enterprises is high, and inventory pressure is still present. In terms of demand, the urea winter storage market has begun to advance, and the operating rate of downstream compound fertilizer enterprises has increased, resulting in an increase in urea demand.
3、 Future forecast
The urea analyst from Shengyi Society believes that the recent trend of the domestic urea market has been dominated. At present, the demand for urea in industry and agriculture has improved, the market trading atmosphere has increased, and the winter storage market continues to advance. It is expected that domestic urea prices will continue to rise in the short term.
| http://www.polyvinylalcohols.com |