Urea Price to Keep Adjustment

By CnAgri2013-09-16 11:35:35 Print Urea: urea market saw both increase and decrease this week and generally price remained stable. In Shandong, Henan and Anhui, urea price increased and demand from NE and NW remained weak. Though NPK manufacturers began production and demand for nitrogen fertilizer increased, the demand for urea was limited since price for unit nitrogen contained in ammonium chloride was lower than urea. Except weak domestic demand, turnovers of export orders also slowed down. Thus, urea price lacked driving force to go up. Urea price is predicted to keep adjustment. (Figure 1)



From “China Fertilizer Market Weekly Report”