Urea Price Saw First Rebound for Several Months

By CnAgri2013-07-15 11:39:48 Print Urea: urea price stopped several months’ decline to rebound this week. Since corn and cotton need using fertilizer in NC, Jiangsu and Anhui in July, urea price raised in Shandong, Anhui and Jiangsu. Besides, price raise of natural gas and approaching of export window in slack season both make it favorable for urea market. But the temporary demand brought no change of the oversupply situation and international market was also weak. Lack of effective supports, therefore, urea price increase is pressed. (Figure 1)



From “China Fertilizer Market Weekly Report”