Urea Price Decreased and the Producers Had a decreased Profit

By CnAgri2017-03-22 09:45:48 Print

In the week of March 13 to March 17, urea ex-factory price averaged at RMB 1,654MT, RMB 6/MT less than last week. Of which, urea ex-factory price fluctuated at 1,520-1,600 RMB/MT in north China; 1,620-1,700 RMB/MT in east China; 1,620-1,660 RMB/MT in central China; 1,750-1,900 RMB/MT in south China.

Urea companies in Shanxi had a profit of 5 RMB/MT on average, RMB 2/MT less than last week.

This week, urea market was on a slightly weak run. Owing to a bit weak demand from downstream industry, urea prices lowered slightly. Mainly influenced by the industrial demand, urea prices would fluctuate in the near future.