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Domestic urea prices continued to rise slightly last week, with an average price of 2,240 yuan/ton at the beginning of the week and an average price of 2,270 yuan/ton at the end of the week, an increase of 1.34%. The year-to-date urea prices have risen by about 10%.

Urea analyst Zhang Ming said that at present, most domestic manufacturers are generally not inventories, and some dealers reflect that the orders for the previous payment are now impossible to perform normally, while the northeast agricultural demand, the strong demand for the southwest border trade export, combined with the US market prices continue to rise, The domestic manufacturers and distributors are increasingly speculating, and it is expected that the domestic urea market will continue to undergo a strong consolidation in the short term.

At present, the ex-factory prices of urea enterprises in Shandong, Hebei, Henan are mostly between 2250-2290 yuan / ton, the actual turnover is mostly in the vicinity of 2260 yuan / ton; Jiangsu factory price of urea companies in the 2280-2300 yuan / ton; Northeast The demand for fertilizer in the spring in the region was very strong, which drove up the transaction price in the local market. The highest price in the local market had reached 2,450 yuan/ton. In terms of industrial demand, the domestic compound fertilizer manufacturer's operating rate has declined slightly, and the pulling effect has been limited.

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