Trade name: urea
| Sodium Molybdate |
Latest price (May 24): 2300.00 yuan / ton
On May 24, the ex factory quotation of urea in Shandong increased by 10 yuan / ton, or 0.43%, compared with the quotation on May 21. The prices of upstream natural gas and coal have fallen sharply recently, and the cost support is general. On the demand side: the agricultural demand of various regions has been followed up in succession; The start-up load of downstream compound fertilizer and rubber sheet plants increased slightly, most of them were used as they were mined, and the manufacturers had less inventory. Supply side: in recent years, some enterprises in Shandong, Xinjiang, Shaanxi and other places have been overhauled, and the supply side has been tightened. At the same time, the enterprise inventory and social inventory have also been maintained at a low position. India bid: India RCF issued a new round of urea import bidding on May 18 and opened the bid on May 25. Purchase quantity and price will affect the next domestic urea market trend.
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 2350 yuan / ton.
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