Trade name: urea

Latest price (May 10): 2156.67 yuan / ton

On May 10, the ex factory quotation of urea in Shandong was temporarily stable, which was the same as that on May 7. Upstream liquid ammonia Market recent high consolidation, cost support is good. In the aspect of demand, agricultural demand is mainly sporadic procurement; The start-up load of downstream compound fertilizer and rubber sheet plants increased slightly, and most of them followed the market. Supply side: at present, the operating rate of urea enterprises is about 70%, with a decrease, and the daily output is about 150000 tons. Urea plant maintenance, supply side tightening. India bid: on May 5, the bidding price of mmtc urea in India was announced. The lowest price on the west coast was 358.99 USD / T CFR, and the lowest price on the east coast was 356.99 USD / T CFR, equivalent to about 2120 RMB / T.

It is expected that the ex factory price of urea in Shandong will rise slightly in the future: the average price quoted by the manufacturer is about 2160 yuan / ton.