After the Lunar New Year, the domestic urea market showed a trend of stabilization and upward movement. In addition to the active price change of urea in the Hebei and Shandong provinces, the market was only slightly improving after the first lunar month in other regions. However, due to the increasingly irregular development of the urea market in recent years, the overall atmosphere is a bit boring. Manufacturers and first-tier traders have repeatedly wanted to push up, but can not escape the cautious attitude of the downstream to make new orders The deal was slightly tired. Some enterprises received pre-acceptance in years ago, but after the year came back, they mainly implemented pre-orders, which provided some support for the dull market after the holiday. However, for those manufacturers with a small amount of pre-acquisition, the sales pressure is greater.
After the fifteenth day of the first lunar month, traders and industrial production plants resumed construction. Traders who had not stored goods for a few years ago seized on the low-end prices that were still rising before the market and successively purchased, only more cautious than in previous years, non-contracted households. The business is only a small amount of goods, most of them are still in a wait-and-see state. Three waves were raised after the year, and the manufacturers’ intentions for recovery were strong. The mainstream quoted prices in the market pulled up to 2,150 yuan/ton, but the actual turnover was light, and the manufacturers mainly took orders in advance.
At present, due to the cost support of upstream raw coal and natural gas, the space for making urea prices fall is limited. In March, the fertilizers for agricultural use in the South and Central Plains regions began to start gradually. The market has a clear intention of recovering. Although the northeastern region has not yet used fertilizer, intermediate traders have started to increase orders and take delivery. Has been pulled high, rose to 100-200 yuan / ton. Northeast China is the country's largest and most concentrated land for fertilizer use, which has a leading role in the entire urea market.
Although seasonal demand is already just around the corner, due to the recent swift growth and weak sales, the market needs an adjustment period, and there are still pre-orders to be issued by manufacturers. As the use of compound fertilizer in some areas is now higher than that of urea, the purchase volume of urea has declined as compared with previous years. Manufacturers also use pre-accepted operating modes to quote prices. The actual take-off of goods has negotiation space, and traders and terminals have always been Keep a cautious attitude. The low-temperature and arid climate in the north affects farmers' enthusiasm for farming. Therefore, when actual demand starts, it may be slightly biased.
In summary, the northeastern region has a tendency to go higher in March, but the space is limited. Fertilizer urea prices in the southern region should also increase steadily, while other regions may have a slight fall.
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