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On February 22, Domestic Urea Price Rose by 0.51%

Time: Feb 24, 2023

Huafu Factory is sharing the chemical industry information for you. The following is the latest urea market trend.

On February 22, the comprehensive price of domestic urea rose slightly, up 14 yuan/ton, or 0.51%, from the price on February 21, and up 4.54% from the same period last year. The upstream anthracite is about 1630 yuan/ton, the price is temporarily stable, and the cost support is average.

melamine market price

From the perspective of demand: agricultural demand increased slightly, and industrial demand increased. The operating rate of compound fertilizer plants has gradually increased, and the enthusiasm for urea procurement has increased. Sheet metal and melamine enterprises started operations in general, and mainly needed to purchase.

From the perspective of supply: some gas head enterprises have begun to resume production, and the daily production of urea is around 150,000-160,000 tons.

In the future market, it is expected that the domestic urea market price may fluctuate slightly, and the average market price will be around 2,800 yuan/ton.

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