1、 Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the Commodity Market Analysis System of Shengyi Society, as of August 13th, the reference average price of the domestic urea market was 2293 yuan/ton, a decrease of 0.69% from the reference average price of 2309 yuan/ton on August 6th.
2、 Market analysis
market conditions
This week, the domestic urea market price first suppressed and then rose. As of August 13th, the ex factory price of urea in Shandong region is around 2090-2120 yuan/ton, in Hebei region it is around 2100 yuan/ton, in Henan region it is around 2130 yuan/ton, and in Guangdong region it is around 2280 yuan/ton.
Supply and demand situation
In terms of supply, the urea market supply decreased this week compared to last week, and the supply and demand are currently relatively balanced. In terms of demand, agriculture and industry still maintain a focus on essential procurement. The operating rate and market of downstream compound fertilizers are stable, and the purchase of urea is relatively cautious.
3、 Future forecast
The urea analyst from Shengyi Society believes that the urea market has seen a slight increase in recent days, indicating a relatively optimistic outlook. With a steady increase in demand, it is expected that the short-term domestic urea market will mainly experience fluctuating price increases.
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