Trade name: urea

Latest price (March 28): 2983.00 yuan / ton

On March 28, the comprehensive price of domestic urea fell slightly, down 27 yuan / ton compared with the price on March 25, down 0.90%, and up 39.83% year-on-year compared with the same period last year. The prices of upstream coal and liquefied natural gas are adjusted at a high level, and the cost support is general. From the perspective of demand: strong agricultural demand and normal industrial demand. With the advent of spring ploughing, domestic fertilizer has entered the peak season, and dealers take goods actively. However, affected by the epidemic, urea shipment is blocked and freight rates rise sharply. The operating load of compound fertilizer plant, plate plant and melamine plant is high, and the bargain hunting is followed up appropriately. In terms of supply, the urea plant in Shanxi resumed production, the urea supply increased, and the daily output returned to more than 160000 tons. At the same time, many departments have taken measures to ensure the orderly release of agricultural materials supply and light storage sources, and the policy of ensuring supply and stable price remains unchanged. On the whole, the cost of urea is generally supported, the downstream demand increases, the supply of urea increases, and the aftermarket urea fluctuates mainly in a narrow range.

In the future, it is expected that the ex factory price of urea in Shandong may fluctuate slightly, and the average price quoted by manufacturers is about 2970 yuan / ton.