Domestic urea market price fluctuates slightly on June 27

Business News Agency June 27th Domestic market price of urea fluctuates slightly due to rainfall in parts of Shandong, Hebei and Henan provinces, driving local urea market sales to improve slightly, Shandong and Henan provinces a few urea companies ex-factory price increase 10-20 RMB/ton. Due to the small amount of rainfall, the drought is still not completely relieved. At present, the mainstream factory prices of urea enterprises in Shandong and Hebei are around RMB 2,150/ton, and the actual transaction price is around RMB 2,100-2,150/ton, and some enterprises in Jiangsu are high-end. The offer fell by around RMB 120/t, and the local urea price was around RMB 2150-2200/t. The market of urea in the northwest region is weak, and the market price of urea slowly declines. The mainstream factory price of urea enterprises in Gansu, Ningxia and Xinjiang is 2,200 yuan/ton. In the off-season period of agricultural fertilizer in Southwest China, the mainstream prices of urea enterprises in Sichuan, Chongqing, and Guizhou dropped by 50 yuan/ton, in Sichuan, the mainstream ex-factory price was 2,300 yuan/ton, and in Chongqing, the ex-factory price of urea plants fell to 2,200-2,250 yuan/ton. The ex-factory price of urea enterprises in Yunnan is temporarily stable at around RMB 2,400-2,500/ton, and the demand in the local market gradually weakens, and the local high price level may be difficult to maintain. The urea market in Guangdong and Guangxi continued to weaken, and the wholesale price of stations in Guangzhou dropped to 2280-2290 yuan/ton. The domestic market for urea still lacks strong support, and the market for fertilizers in the summer will only need to be supported by weather conditions.