Support, The Price Of Urea Will Continue To Rise In December

In November, the price of urea rose sharply, with the highest increase of 3.79% per week. From the manufacturer's quotation, the mainstream market price of urea in China has risen sharply this month: Rising Chemical's urea price was 2,790 yuan/ton at the end of the month, and the quotation increased by 350 yuan/ton compared with the beginning of the month; Lu Hengsheng's urea price was 2,750 yuan/ton at the end of the month, and compared with the beginning of the month, the price rose by 280 yuan/ton; At the end of San 'an, Xiangcheng, the price of urea was 2,950 yuan/ton. Compared with the beginning of the month, the quoted price increased by 200 yuan/ton.


According to the upstream and downstream industrial chain data, the upstream products of urea as a whole fell slightly this month: the price of liquefied natural gas dropped slightly, from 5,450.00 yuan/ton at the beginning of the month to 4,514.00 yuan/ton at the end of the month, a decrease of 17.17%, compared with the same period last year and a year-on-year decrease of 35.42%. Yangquan anthracite (fast in washing) is 1630 yuan/ton, and the price is consolidating at a high level.

The price of liquid ammonia rose sharply, from 4,096.67 yuan/ton at the beginning of the month to 4,623.33 yuan/ton at the end of the month, with an increase of 12.86% and 4.76% compared with the same period last year.

This month, the price of melamine in the downstream of urea rose slightly, from 8,266.67 yuan/ton at the beginning of the month to 8,333.33 yuan/ton at the end of the month, with an increase of 0.81%.

In terms of demand, the winter storage of chemical fertilizers has started in an all-round way, industrial demand has increased, and export orders have been pushed forward in an orderly manner. The operating rate of compound fertilizer plant has increased, and the enthusiasm for urea procurement is good. Plate and melamine enterprises are generally started, and just need to purchase. From the supply side: environmental protection inspection in Shanxi, the resumption of work was delayed.

Some gas head enterprises began to stop for maintenance, and the daily output of urea decreased further. Overlay urea delivery is blocked, and supply and demand are misplaced in some areas.

Urea fluctuated slightly in the market outlook:

At present, the ex-factory quotation of small and medium-sized particles in Shandong is about 2720-2770 yuan/ton; The mainstream ex-factory price of small and medium-sized particles in Henan is about 2700-2750 yuan/ton; The mainstream ex-factory price of small particles in Hebei refers to about 2720-2760 yuan/ton; The mainstream ex-factory quotation of small particles in Anhui refers to about 2770-2800 yuan/ton; The mainstream ex-factory quotation of large, medium and small urea in Shanxi refers to about 2550-2660 yuan/ton.

The urea market may fluctuate slightly in the first half of December. At the end of the month, the price of anthracite and natural gas in the upstream has an upward trend, and the cost support has increased. The downstream agricultural demand should be followed up appropriately, and the industrial demand should be purchased on demand. The daily output of urea is about 150,000 tons, and the supply is tight. Urea may fluctuate slightly in the market outlook.