1、 Price trend
| Benzalkonium chloride |
The price of urea at the end of last year decreased to RMB 1823.91/t, down from RMB 1823.67/t at the end of last year. Overall, the urea market rose this week, and the urea commodity index on December 4 was 84.03.
2、 Market analysis
From the manufacturer’s quotation, the mainstream urea factory price in Shandong Province fell this week. At the end of this week, the price of urea in Yangmei plain was 1820 yuan / ton, which was 30 yuan / ton lower than that at the beginning of the week; the quotation of Shandong Ruixing urea was 1800 yuan / ton at the end of this week, which was temporarily stable compared with the beginning of the week; the price of open water urea was 1800 yuan / ton this weekend, which was 20 yuan / ton lower than that at the beginning of the week.
From the perspective of supply and demand, the domestic demand is fair, the agricultural demand in the northern region has followed up, and the industrial demand follows the market and purchases on demand. On the supply side, some enterprises limited production and equipment maintenance, resulting in local spot shortage.
From the perspective of upstream and downstream industrial chain: the overall rise of urea upstream products this week: the price of liquefied natural gas rose, with the price of liquefied natural gas rising from 3923.33 yuan / ton at the beginning of the week to 4300.00 yuan / ton at the end of the week, with a decrease of 9.60%, and a year-on-year decrease of 6.45% compared with the same period of last year; the price of liquid ammonia was temporarily stable, with the quoted price of 3166.67 yuan / ton, down 0.73% compared with the same period last year. The price of melamine downstream of urea rose this week, rising 0.45% from 7400.00 yuan / ton at the beginning of the week to 7433.33 yuan / ton at the end of the week. Overall, this week urea cost support is strong.
3、 Future forecast
In the first ten days of December, the market situation of urea in Shandong was mainly fluctuated. According to urea analysts of the business club, the current agricultural demand has been followed up, and the downstream industry has a fair enthusiasm for urea procurement, and the industrial demand is purchased on demand. It is expected that the short-term urea market will fluctuate slightly.
| http://www.lubonchem.com/ |