India issued a new round of bidding, urea market as a whole pulled up

September 19, the domestic urea market offer the overall trend of 40-60 yuan range rose, the mainstream offer rose to 1600-1620 yuan / ton. At present, the reasons for the rise in urea prices are mainly three points: First, the international demand It is understood that the weekend India issued a new round of tender information, a new round of tender for the September 25, sailing on November 8. A new round of tender shows that the current Indian urea market is less than expected, and the demand for urea is more urgent. India urea market inventory gap for the domestic urea manufacturers to bring greater positive, but also lead to pull up the price range of urea. Second, the domestic demand, in late September to October will usher in the fall of fertilizer, the overall demand for agricultural increased. Third, raw materials, due to coal prices rose steadily, urea cost support is still strong.

PVA 1788 (PVA BP17)

Business agency urea analyst Zhu Yaoyao that the current domestic urea market by the impact of environmental protection and raw material costs, start-up costs gradually increased, leading to urea market prices to maintain. At the same time the international and domestic urea market demand increased, the urea market in the maintenance on the basis of showing up, is expected to short-term urea market prices will continue to steady rally.

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