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The urea market remained stable, and prices in some areas went up smoothly.
The main distribution of the surrounding compound fertilizer plants and agricultural demand in Shandong is slightly better, but the mainstream ex-factory price is temporarily stable at 1240-1280 yuan (ton price, the same below); Hebei is still under-started, and the delivery is better.
The mainstream ex-factory price Maintained stable at 1220-1250 yuan, and the transaction discount space is slightly tightened; Henan is subject to logistics restrictions, mainstream local agricultural needs, and manufacturers sell smoothly.
The mainstream ex-factory quotation has been increased by 10 yuan to 1250-1280 yuan, but the high-end quotation has less transactions; Regional urea manufacturers mainly issued pre-orders, although the mainstream ex-factory quotations have temporarily stabilized at 1,150-1200 yuan, but according to market feedback, a small number of outbound orders fell to 1,130 yuan.
?? Internationally, Malaysia’s NAFAS purchased 6,000 tons and loaded them into the western region of Malaysia in February.
The price is about less than US$185 offshore from Chinese suppliers; South Korea has held two tenders for the bidding of large granular urea, and the report stated the price Slightly lower than US$200 CIF, and estimated shipping and handling fees are slightly higher than US$15.
This price is approximately US$180-183 for the seller to load cargo from China’s small river port, which is more than US$12 lower than the current FOB price.
.
?? On the whole, the international market has not been positive for the time being.
However, due to the start of the domestic market for fertilizer preparation near the Spring Festival, the domestic market has stopped falling and stabilized.
It is expected that it will continue to be stable during the Spring Festival.
The main distribution of the surrounding compound fertilizer plants and agricultural demand in Shandong is slightly better, but the mainstream ex-factory price is temporarily stable at 1240-1280 yuan (ton price, the same below); Hebei is still under-started, and the delivery is better.
The mainstream ex-factory price Maintained stable at 1220-1250 yuan, and the transaction discount space is slightly tightened; Henan is subject to logistics restrictions, mainstream local agricultural needs, and manufacturers sell smoothly.
The mainstream ex-factory quotation has been increased by 10 yuan to 1250-1280 yuan, but the high-end quotation has less transactions; Regional urea manufacturers mainly issued pre-orders, although the mainstream ex-factory quotations have temporarily stabilized at 1,150-1200 yuan, but according to market feedback, a small number of outbound orders fell to 1,130 yuan.
?? Internationally, Malaysia’s NAFAS purchased 6,000 tons and loaded them into the western region of Malaysia in February.
The price is about less than US$185 offshore from Chinese suppliers; South Korea has held two tenders for the bidding of large granular urea, and the report stated the price Slightly lower than US$200 CIF, and estimated shipping and handling fees are slightly higher than US$15.
This price is approximately US$180-183 for the seller to load cargo from China’s small river port, which is more than US$12 lower than the current FOB price.
.
?? On the whole, the international market has not been positive for the time being.
However, due to the start of the domestic market for fertilizer preparation near the Spring Festival, the domestic market has stopped falling and stabilized.
It is expected that it will continue to be stable during the Spring Festival.
