Urea prices,difficult to rise or will it fall

On July 20, the domestic mainstream of urea was operating stably, and individual regions were raised by 10-20 yuan/ton. At present, the overall support of the urea market is general, the transaction of new orders of enterprises has slowed down, and the upward momentum is insufficient.

The national urea market has generally maintained a stable situation, and the transaction has slowed down compared with the previous days.

In terms of supply, there are many overhaul companies recently. The daily output of urea is about 150,000 tons. The receipt of orders from upstream factories has declined. However, due to the large number of orders received in the past few days, some factories are currently a little nervous in picking up goods. As the inventory pressure has been relieved to a certain extent, the current factories are more willing to support prices.

In terms of demand, the application of rice fertilizer in northern Jiangsu and Anhui and the top dressing of summer corn in northern China are in progress, and the precipitation is superimposed, and the agricultural demand situation is better. Except for the areas along the river, compound fertilizer plants have not yet shown signs of large-scale start-up. The operating rate of plywood factories is at a low level, and a small amount of just needs to be purchased. The market is expected to remain stable in the short term.