Domestic urea price rose 0.47% on February 20

Trade name: urea

 

Polyglutamic acid

Latest price (February 20): 2769 yuan/ton

 

The comprehensive price of domestic urea rose slightly on February 20, up 13 yuan/ton, or 0.47%, from February 17, and 3.94% year-on-year. The upstream Yangquan anthracite (washing medium lump) is about 1650 yuan/ton, the price has dropped by 130 yuan/ton, and the cost support has weakened. In terms of demand, agricultural demand increased slightly, while industrial demand increased. The operating rate of compound fertilizer plants has gradually increased, and the enthusiasm for urea procurement has increased. The plate and melamine enterprises are generally started, and mainly need to purchase. From the perspective of supply, some gas-fired enterprises have begun to resume production, with a daily urea output of about 150000 to 160000 tons.

 

It is expected that the domestic urea market price will rise slightly in the future, with the average market price of about 2780 yuan/ton.

http://www.polyglutamicacid.com

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