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Urea prices have fallen sharply, urea ex-works quote today, January 24, 2024

author:Fertilizer prices

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Urea prices have fallen sharply, urea ex-works quote today, January 24, 2024

Today (January 24, 2024), domestic urea prices continue to fall, and most enterprises in mainstream areas have lowered their quotations by 20-50 yuan/ton!

Today, the decline in domestic urea prices has expanded, mainly reflected in the prices of large particle products in the border areas, some prices in mainstream areas have been reduced by 20-50 yuan/ton, and the prices in Inner Mongolia, Ningxia, Northeast China and other places have been sharply reduced by 100-210 yuan/ton.

Urea prices have fallen sharply, urea ex-works quote today, January 24, 2024

Supply: Today's domestic urea daily output is around 169,500 tons, Nissan continues to increase, capacity utilization rate is about 78.1%, this weekend Nissan will rise to more than 170,000 tons, up to now domestic urea enterprise inventory increased by 42,000 tons from last week to 585,000 tons.

On the demand side: near the early stage of the Spring Festival, the plate factories have left the market one after another, the start of construction has declined, the finished fertilizer of the compound fertilizer factory has not improved, the inventory is backlogged, some devices are stopped, the procurement of raw materials is followed up in small quantities on demand, and agricultural dealers purchase on dips, and the overall demand support is weak.

To sum up, after several consecutive days of sharp declines, some mainstream low-price orders have received certain orders, short-term quotations or stability, and some medium-high price receipts are still poor. In addition, the supply continues to increase, the overall demand follow-up is cautious, and there is a weakening trend, it is expected that the short-term price will remain weak, continue to pay attention to the market transaction.

Urea prices have fallen sharply, urea ex-works quote today, January 24, 2024

On January 24, the ex-factory price of urea in the country

In Shandong, large particles were lowered by 40 yuan/ton, and the mainstream ex-factory quotation of small and medium-sized particles was around 2100-2150 yuan/ton, and the large particles were 2300-2350 yuan/ton, and the transaction price of Linyi market was 2150-2160 yuan/ton, and the market price of Heze was 2140-2150 yuan/ton

Henan area down 20-30 yuan/ton The mainstream ex-factory price of small and medium-sized particles is about 2120-2200 yuan/ton, the price of large particles is 2140 yuan/ton, and the mainstream price of small and medium-sized particles in Shangqiu market is about 2150 yuan/ton

Hebei lowered 20 yuan/ton, small particles ex-factory reported 2100-2120 yuan/ton, Hebei Wen'an small particles mainstream delivery price of 2150 yuan/ton

Anhui area down 20-30 yuan/ton, small particles mainstream ex-factory quotation reference 2150-2200 yuan/ton, Anhui Suzhou small particle delivery price reference 2180-2200 yuan/ton

In Jiangsu, the ex-factory price of small and medium-sized particles is 2270, the large particles are 2320, and the small particles in Shuyang, Jiangsu are sent to 2190 yuan/ton

Hubei lowered by 50 yuan/ton, the mainstream quotation of small particles is about 2170-2180 yuan/ton, and the mainstream quotation of Jingmen small particle platform is 2130 yuan/ton

In Shanxi, large particles fell by 20-30 The mainstream ex-factory quotation of small and medium-sized particles is 2020-2100 yuan/ton, and the ex-factory quotation of large particles is 2080-2140 yuan/ton

Shaanxi area down 40 yuan/ton, small and medium-sized particles mainstream ex-factory reference 2086 yuan/ton, Shaanxi Xianyang small and medium-sized particles mainstream market reference 2180-2190 yuan/ton.

Gansu Liuhua plant shutdown (expected to resume at the end of February, production capacity of 700,000 tons/year)

Ningxia area down 50-100 yuan/ton, small and medium-sized particles ex-factory quotation reference 2050-2100 yuan/ton

Liaoning lowered 150 yuan/ton, Huajin small particles quoted 2160 yuan/ton, Tieling small particles sent to 2250 (down 40 yuan)

In Jilin area, the price of Changshan small particles is 2300 yuan/ton

Heilongjiang area down 30 yuan/ton Daqing Petrochemical small particles price 2120 yuan/ton Fudao large particles fire 2410 (down 90 yuan)

In Inner Mongolia, the mainstream ex-factory quotation of small and medium-sized particles is about 2020-2180 yuan/ton, and the price of local cars with large particles of China Coal is 2060 yuan/ton (down 210 yuan/ton)

Guangxi lowered by 10 yuan/ton, and the mainstream transaction price of small and medium-sized particles in Nanning was about 2330-2340 yuan/ton;

In Guangdong, the mainstream price of Jianggao small particles was lowered by 20 yuan/ton, and the mainstream price of Jianggao small particles was about 2330 yuan/ton;

Jiangxi area lowered by 10 yuan/ton, Nanchang large particles to 2250 yuan/ton

Hunan Yueyang, Hunan small particle market price 2300-2330 yuan/ton.

Fujian area lowered by 10 yuan/ton, Zhangzhou market small particles sent to the price reference of about 2360 yuan/ton

In Yunnan, the mainstream ex-factory quotation of small and medium-sized particles is about 2500-2550 yuan/ton;

Guizhou small particles sold ex-factory price 2320 yuan/ton

The mainstream ex-factory price of small particles in Chongqing is about 2260 yuan/ton

Sichuan lowered 20 yuan/ton, and the mainstream ex-factory quotation of small and medium-sized particles was 2260-2400 yuan/ton

The mainstream ex-factory price of small particles in Xinjiang is 2000-2170 yuan/ton