Urea Price Fell by 1.65% during Dec.3-Dec.9

Time: Dec 16, 2022

Urea is an important raw material for melamine powder. As the manufacturer of chemicals, Huafu Factory reminds factories to pay attention to the market trend of urea.

The following is the market price of urea from October to December in 2022.

  urea market price

As can be seen from the above chart, the domestic urea market price fell slightly this week. The price of urea fell from 2790.00 yuan/ton last weekend to 2744.00 yuan/ton this weekend, a decrease of 1.65%, an increase of 11.82% over the same period last year.

Cost support is good, downstream demand weakens, and urea supply is tight

melamine market price

In the middle and late December, the domestic urea market may fluctuate slightly and rise. Huafu Chemicals believes that the price of anthracite and liquefied gas in the upstream of urea has risen slightly, and the cost support of urea has increased. Downstream agricultural demand is general, industrial demand is normal, export orders are advancing in an orderly manner, and urea supply is tight. Urea market outlook or within a narrow range rose mainly.

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