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Urea prices keep slight rising
2014-10-30 13:33:07
Domestic urea market keep steady recently. Due to the export driven, most manufacturer rasing their price. Recently, a good rain in Shandong Province, so downstream farmers being stimulated. But due to the overall market ended, so just “purchase piecemeal”. however, because the bright situation of the export. The actually keep slight rising.
Generally, dur to the positive exporting situation and the discontinued, limited production manufacturers are increasing, partly fertilizer plant gradually resume production in the short term the size of granular urea price trend is likely to continue steadily.
Besides, the granular urea is badly shortage in Chinese market, most buyer face a new dilemma: with money in hand, they can’t buy the granular urea.
Throughout the Chinese urea market, prices rising of both prilled urea and granular urea seems to have become the main theme, the main reason of the increase based on the positive situation. Besides, the increased demand of domestic fertilizer industry is also very important factor. But it is understood most manufacturers are still in the implementation of pre-orders. Regardless, a lot of orders resulting in factory shipments without pressure, and even some manufacturers shortages, coupled with continued good international market,.In all, the urea prices will gradually stabilize in most areas , while local may still steady upward, need to pay close attention to this tender and Yuzhny India political instability problems.