Trade name: urea
Latest price (August 23): 2750.00 yuan / ton
On August 23, the ex factory quotation of urea in Shandong was temporarily stable, which was the same as that on August 20, with a year-on-year increase of 57.74%. The prices of upstream coal and liquefied natural gas have increased slightly recently, with strong cost support. From the perspective of demand: the transaction is mainly just needed, 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. From the perspective of supply: urea has entered the off-season of agricultural demand, and the early maintenance enterprises have gradually resumed production, with a daily output of about 155000 tons, which has increased. However, the follow-up of new orders is not smooth, and the shipping pressure increases. On the whole, the urea cost support is strengthened, the downstream demand is weakened, and the urea supply is slow.
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 2700 yuan / ton.
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