Domestic urea market prices are still falling
The domestic urea market continues to experience a downward trend, with some regions showing temporary stability in prices. As the peak season for fertilizer demand winds down during the summer months, the market is gradually entering its low-demand period. This seasonal shift has led to a noticeable slowdown in purchasing activity across various regions.
Currently, urea prices in Shandong and Lianghe remain under pressure, with the average market price in Shandong hovering around RMB 1780 per ton. In the Central Plains region, urea manufacturers are reporting lower transaction prices, ranging from 1700 to 1780 yuan per ton, due to weak demand. Meanwhile, in Suyu, the summer fertilizer season has largely concluded, and sales from urea producers have started to decline. Although the previous surge in demand helped slow the price drop, some local manufacturers are still maintaining slightly higher ex-factory prices, with current factory prices ranging between 1850 and 1930 yuan per ton.
On the international front, urea prices are also continuing to fall. China's small-granule urea has dropped to as low as $303 per ton, while Black Sea and Baltic FOB prices stand at $310 and $300 per ton, respectively. These declines are being driven by weak domestic demand and high port inventories. With both domestic and global markets showing signs of further weakness, it seems unlikely that urea prices will stabilize in the near term. Market participants are closely watching for any potential recovery, but for now, the downward trend shows no sign of reversing.Ultrasonic Flow Meters,ultrasonic water meter,portable flow meter,ultrasonic meter
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