On July 28, the domestic urea price fell by 1.56%

Trade name: urea

 

Sulfamic acid 

Latest price (July 28):2392 yuan / ton

 

On July 28, the domestic comprehensive price of urea fell slightly, down 38 yuan / ton from July 27, a decrease of 1.56%, and a year-on-year decrease of 14.88%. The upstream cost support is general, the downstream agricultural demand is weakened, and the industrial demand is insufficient. The sales pressure of urea manufacturers increased, and the price was reduced to attract orders. During the overhaul of some manufacturers, the daily output of urea fell to about 147000 tons, and there is still a decline expectation.

 

In the future, it is expected that the domestic urea market price will be adjusted at a low level, and the average market price will be about 2350 yuan / ton.

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