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China urea prices gain on uptick in futures

Shandong (JLC), February 17, 2023--For half a month since the opening of urea futures after the Spring Festival, it has continued to fall sharply, with the main contract falling to CNY2,400/mt.

02-17-2023 00:00:00

Urea prices may rebound on limited supply

Shandong (JLC), December 9, 2021--Urea market prices may rebound in December due to limited supply.

12-09-2021 15:11:11

China urea prices rise on high cost and moderate demand

Shandong (JLC), November 30, 2021--China’s domestic urea prices rebounded during November 23-27, with prevailing market urea prices rallying from CNY2,200-2,300/mt to CNY2,350-2,400/mt.

11-30-2021 11:50:02

China urea prices see diversified trends after rising

Shandong (JLC), October 25, 2021--Domestic urea market prices saw diversified trends after rising in the week over October 18-22.

10-25-2021 16:05:07

China urea prices keep falling on rising supply, weak demand

China urea prices have been falling this month, because of rising supply and weak demand. As of August 25, prices had plunged by CNY200-400/mt in most regions and even over CNY600/mt in some regions.

08-26-2021 17:52:37

Urea prices hit high levels in H1

Shandong (JLC), July 8, 2021--China’s urea prices recorded a high level in the first half of the year amid tight supply and rising exports.

07-08-2021 17:13:27

China urea prices extend gains on tight fundamentals

Shandong (JLC), June 2, 2021--China’s urea market prices extended gains in May. As of May 31, the monthly average urea price stood at CNY2,226/mt, up by CNY155/mt from April.

06-02-2021 15:03:45

China April urea prices go range-bound on multiply factors

Shandong (JLC), April 28, 2021--In April, China’s urea market prices went range-bound, broadly along with fundamental movements.

04-28-2021 15:03:57

China urea prices to decline little on demand supports

Shandong (JLC), April 14, 2021--Domestic urea market prices are unlikely to fall sharply in the near term on upcoming agricultural demand for urea, though bullishness from India’s tender invitation has been eaten into.

04-14-2021 17:40:16

International urea prices firm in March

Shandong (JLC), April 8, 2021--In March, international urea market was firm.

04-08-2021 16:49:26

China’s urea prices rise after falling in March along with fundamentals movement

Shandong (JLC), March 31, 2021--China’s urea prices retreated in early March, but soon gained pace in the rest of this month driven by India’s tender invitation and slipped supply.

03-31-2021 17:58:32

Domestic urea prices move up spurred by India’s tender invitation

Shandong (JLC), March 15, 2021--China’s urea market prices moved upwards as a whole spurred by India’s new tender invitation.

03-15-2021 17:26:12

China’s urea prices extend high in Feb

Shandong (JLC), February 25, 2021--China’s urea market prices extended high in February. As of February 23, the urea price index was at 2,088, up by 173 from the prior month and up by 454 from the same period last year.

02-25-2021 17:34:56

Domestic urea prices rise on restocking demand

Shandong (JLC), January 13, 2021--Domestic urea market prices have seen a new round of rises lately, particularly in Shandong, Henan and Jiangsu where the growth was noticeable, as resurgences in epidemic in Hebei evoked downstream restocking appetite.

01-13-2021 17:29:25

China’s urea prices decline on weak fundamentals

Shandong (JLC), November 25, 2020--Domestic urea prices began to decline from November 21 amid waning demand but ample supply.

11-25-2020 17:14:00

Domestic urea prices rise on bullish factors

Shandong (JLC), October 20, 2020--The current urea price in China saw an uptrend supported by the unit turnarounds and India’s tender invitation, in spite of higher-than-usual output and the off-peak season of urea demand.

10-20-2020 15:48:42

September urea prices inch down on thin demand

Shandong (JLC), September 29, 2020--In September, domestic urea market prices moved lower from August to some extent, attributed to the demand off-peak season.

09-29-2020 14:33:05

China's urea prices see-saw in August

Shandong (JLC), September 2, 2020--In August, China’s urea market prices see-sawed. The average price read CNY1,652/mt, with an increase of CNY78/mt from July.

09-02-2020 15:55:50

Urea prices slip on weak demand

Shandong (JLC), August 25, 2020--China’s urea market prices slipped as a whole amid both thin agricultural and industrial demand, despite the fourth consecutive Indian tender invitation on August 26.

08-25-2020 09:17:12

China urea prices decline with exports cooling down

The domestic urea spot market tracked a downward trend from August 15. As of August 18, the prevailing price of small and medium urea granules in Shandong was CNY1,620-1,700/mt, with the average price dropping by CNY80/mt from August 14.

08-18-2020 17:03:06

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