On May 14, Zheng Commercial Exchange issued an announcement to add a designated urea delivery warehouse and pick-up point to better match the needs of industrial customers.
According to the announcement, after research, it was decided that the new urea delivery area will add Jinkong Inshida Supply Chain Management (Ningbo) Co., Ltd. as the designated urea delivery plant, and increase the designated urea delivery plant warehouse pick-up point of Sinoagri Group Holding Co., Ltd., Sichuan Agricultural Fertilizer Co., Ltd., and Anhui Huilong Agricultural Materials Group Co., Ltd. In the original delivery area, Huiduoli Agricultural Materials Co., Ltd. and Yonfer Agricultural Technology Co., Ltd. were added as the designated urea delivery plants. The specific premium of the new delivery area is: Heilongjiang Zhaodong +50 yuan/ton, Jilin Fuyu +80 yuan/ton, Liaoning Jinzhou, Tieling +70 yuan/ton, Shanxi Jincheng -70 yuan/ton, Hunan Yueyang, Changde +90 yuan/ton, Jiangxi Jiujiang +60 yuan/ton, Sichuan Meishan, Deyang +10 yuan/ton. The specific opening time of the new delivery area is: the delivery warehouse (factory) warehouse announced before April 24, 2025, will start business from April 24, 2025; The delivery warehouse (factory) warehouse announced after April 24, 2025 shall carry out delivery business from the date of announcement. The premium of the above-mentioned delivery warehouse (factory) warehouse shall be implemented from the urea futures 2505 contract. Market participants said that the new urea futures delivery warehouse and pick-up point of Zhengshang this time is to further optimize the delivery mechanism of the urea futures market, so as to meet the needs of industrial enterprises in different regions to participate in the delivery of urea futures, and help the construction of a unified national market and the guarantee of agricultural materials. "On the one hand, optimizing the layout and number of delivery warehouses makes delivery more convenient and efficient, reduces delivery costs and time, and improves the overall efficiency of the market. On the other hand, by adding delivery warehouses, especially in non-benchmark delivery areas, the service scope of the urea futures market can be expanded, so that more industrial enterprises outside the original delivery area can participate in the urea futures market. Considering that enterprises in different industries have different needs for delivery locations and delivery methods, ZCE can better meet the personalized needs of enterprises, improve the flexibility and adaptability of the market, and help enterprises strengthen risk management and reduce delivery risks by increasing delivery warehouses and pick-up points. By continuously optimizing the layout of the delivery warehouse, the ability of urea futures to serve the real economy will be further enhanced. The above-mentioned market participants said. The new delivery area has added information on the warehouse and pick-up points
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Please indicate in the following format for reprinting: Source: Futures Daily, Zhengzhou Commodity Exchange Editor: Chen Ran Review: Wang Meihong Producer: Zheng Hongyan