Price Trends
By CnAgri2014-09-04 09:23:03 PrintUrea: this week, urea price continued increase mainly benefit from the export, and enterprises’ purchasing. Recently, most of urea enterprises had not inventory pressure, and the quotation increased largely; Hebei mainly dealt with port orders; the new transaction in Henan was less; while in Jiangsu, the quotation continued increase, and the goods supply still tense; in Fujian the production was limited. It predicted that under the support of the rising international urea price, the domestic urea price will become steady, but the price will also increase steadily. (Figure 1)
MOP: This week, the transaction of MOP was well, and the price increased steadily. The shipment of domestic potash fertilizer was well, and the manufactures gradually increased the quotation. As for port, the goods had sold out. With the gradually increase of price, the new order transaction decreased; in short – term, there was no sale pressure, and the price will further increase. (Figure 4)
From “China Fertilizer Market Weekly Report”
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