Trade name: urea

Latest price (August 12): 2800.00 yuan / ton

On August 12, the ex factory quotation of urea in Shandong was temporarily stable, which was the same as that on August 6, with a year-on-year increase of 56.42%. The price of upstream LNG has increased slightly recently, and the cost support has been strengthened. From the perspective of demand: the transaction is mainly just needed, the agricultural demand is general, and the industrial demand is normal; The operation of downstream compound fertilizer and rubber plate plants is not high, and the operating load rate of melamine enterprises remains high. Most of them are used with mining and followed up with a proper amount of bargain hunting. In terms of supply, urea has entered the off-season of agricultural demand, the early maintenance enterprises have gradually resumed production, and the daily output has increased. On the whole, the urea cost support is strengthened, the downstream demand is weakened, and the urea supply is tight.

In the future, the ex factory price of urea in Shandong is expected to decline slightly: the average price quoted by the manufacturer is about 2790 yuan / ton.