1、 Price trend
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According to the Commodity Market Analysis System of Shengyi Society, as of April 30th, the reference average price of the domestic urea market was 1875 yuan/ton, which is 6.02% lower than the reference average price of 1995 yuan/ton on April 1st.
2、 Market analysis
Supply and demand situation
The overall price of urea in the domestic market is weak and declining this month. On the supply side, the urea market has sufficient supply and inventory pressure remains. On the demand side, the demand for spring plowing is gradually slowing down, and downstream procurement is cautious. The operating rate of compound fertilizer enterprises has declined, and the demand for urea procurement has weakened.
market conditions
As of April 30th, the factory price of urea in Shandong is around 1770-1850 yuan/ton, in Hebei it is around 1830 yuan/ton, in Henan it is around 1850 yuan/ton, and in Liaoning it is around 1830 yuan/ton.
According to the weekly K-bar chart from February 3, 2024 to April 21, 2025, it can be seen that the domestic ammonium sulfate cycle is fluctuating. Domestic urea experienced a significant decline in April, with the largest drop being 2.34% in the week of April 14th.
3、 Future forecast
Business Society’s urea analyst believes that the urea market has recently stopped falling and risen. The enthusiasm for downstream replenishment before the holiday has increased, and market transactions have improved. It is expected that the domestic urea market will mainly experience price consolidation in the short term.
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