China Urea Price Rose 2.60% on March 7

Time: Mar 09, 2022

This is the latest urea market trend shared by Huafu Melamine Factory for you.

If you need to purchase melamine powder, please contact us. Mobile: +86 15905996312

The latest price of urea (March.7th): 2803.00 yuan/ton (443 US dollars/ton)

On March 7, the domestic comprehensive price of urea rose slightly, up 2.60% from the price on March 4, and up 30.78% from the same period last year.

The prices of upstream coal and liquefied natural gas fell slightly, and the cost support was general.

China urea price

1.   From the demand side

The agricultural demand waits and sees, industrial demand strengthens. Spring ploughing is approaching, domestic fertilizer use is entering the peak season, and dealers are actively buying goods. After the end of the Winter Olympics, compound fertilizer factories and sheet metal factories will gradually resume work, and follow up on dips in moderation. The downstream market price of melamine has dropped slightly after a sharp rise, and the enthusiasm for urea purchase has weakened.

2.   From the perspective of supply

The current daily output of urea is more than 150,000 tons, and the supply is sufficient. On the whole, the cost of urea is generally supported, the downstream demand is strengthened, the supply of urea is sufficient, and the urea will rise slightly in the market outlook.


Leave A Message

Leave A Message
If you are interested in our products and want to know more details,please leave a message here,we will reply you as soon as we can.