Since this week, domestic urea prices have continued to fall slightly. At present, the mainstream transaction price of urea in North China appears at 1.530- 1.550 yuan price. In order to reduce the inventory pressure, enterprises are also deliberately promoting sales at low prices. At present, the market is basically at a standstill, the mainstream market is in a downward trend, and the market performance is chaotic; Judging from the current national market, panic mentality has emerged, and the market is thinking about selling goods at low prices, so low prices also appear at any time. At present, it has become a sales trend for manufacturers to jointly market and guarantee the bottom. A large amount of urea in the port is waiting for export in the off-season. The delivery price of this batch of urea at the port is mostly 1.600- 1.650 yuan. It is conservatively estimated that there are about 800,000 tons of urea ports in Hong Kong, and dealers are beginning to look down on the export market in the off-season. The local market is briefly described as follows:

Northeast market

Liaoning: The urea market still has value. Without the market, it is very difficult for enterprises to get goods. The quotation is 1700- 1750 yuan. Delivery price of urea from Shandong and Shanxi 1630- 1650 yuan, the price is upside down. Dealers' panic became more intense and began to be reluctant to sell high-priced goods in the early stage. Low-end delivery quotation 1600 yuan, mainly for joint marketing.

Jilin: The price of urea dropped slightly. As the delivery price of urea in other provinces is 1.600- 1.650 yuan, the mainstream quotation of local enterprises is reduced to 1.650 yuan. If compound fertilizer is used, the price will be lower. At the price of 1.580- 1.600 yuan. As the local spring ploughing market has not yet started,

Heilongjiang: The price of urea is stable and the market is valuable, but there is no market. The ex-factory price of local enterprises 1700- 1750 yuan, and the delivery price of urea from other provinces 1680- 1700 yuan. The spring ploughing market is still unsatisfactory, and dealers are in a state of serious panic.

North China market

Hebei Province: The price of urea still drops slightly with the Shandong market. The mainstream quotation of enterprises is 1560- 1580 yuan, and the actual price can be lower. There is no large-scale improvement in market sales, and there is not much market demand. Enterprises also have inventory pressure. As the overall price continues to fall, dealers remain cautious and their purchasing enthusiasm is not high. Individual manufacturers in the province are delivering goods to the port for export in the off-season.

Shanxi Province: The ex-factory price of small granular urea is stable at around 1.600 yuan/ton. Due to sales difficulties, enterprises mainly focus on joint sales. Because there is still room for price reduction in Shandong, Hebei and other surrounding areas, and local demand is weak, the sales pressure of enterprises is greater, and the export market is also decreasing, which is stable and declining in the short term. Guaranteed or joint sales have become the mainstream of sales.

Inner Mongolia: The local agricultural demand has not yet started, and the sales pressure of enterprises is relatively high. Most of the foreign sales are sold by the Federal Reserve, and there is no quotation. Wholesale market 1700- 1750 yuan, with price but no market. The production of urea plant in Ordos Chemical Industry in the province is normal, and the products are jointly sold in the northeast market, which has greatly suppressed the sales of other brands.

Zhongnan market

Henan Province: The urea sales market continues to show weakness. The mainstream price of urea in the province is 1550- 1580 yuan, and the actual transaction price is slightly lower. It is reported that the actual transaction price of low-end products fell by nearly 1520 yuan due to the pressure of funds and inventory of some small factories in western Henan, especially the price in Shanxi Province. Most urea plants in the province started work normally, but the inventory pressure of most manufacturers increased. Most factories implement guaranteed joint marketing.

Hunan Province: Urea prices continue to decline. Enterprise mainstream quotation 1.68- 1.70 yuan. The sales volume of Guangdong and Guangxi markets is not large, which leads to the difficulty of urea export in this province. In the case of increasing inventory pressure, some local enterprises stop production and overhaul for cost reasons. At present, the wholesale price on the market is about 1700 yuan, and the quantity is very small.

Hubei Province: The price of urea dropped slightly, and the actual transaction price of 1650 yuan was slightly lower. Dealers are still waiting to see. Because agriculture is currently in the fertilizer preparation period, rice fertilizer will have to wait until May, and the market is relatively deserted. The mainstream wholesale price is 1680- 1700 yuan. The production of major manufacturers in the province is basically normal, and there is no parking maintenance plan for the time being.

East China market

Jiangsu Province: The urea market continues to be sluggish, and the pressure on enterprises to ship is relatively high. At present, the ex-factory price of local enterprises is about 1650 yuan, and the transaction price is negotiable. Jiangsu Guling Urea Temporary Pricing 1700 yuan, Jiangsu Xinyi Hengsheng Urea Quotation 1630 yuan Guaranteed Sales. The urea market in northern Jiangsu, such as Xuzhou and Lianyungang, is still depressed, and the dealers in the whole urea market are still in a state of panic, resulting in no inventory and no market price. At present, the wholesale price in the mainstream market is 1630- 1650 yuan.

Shandong Province: The price of urea is still unstable. The mainstream ex-factory price of the enterprise is 1.560- 1.580 yuan/ton, and the actual transaction price is still negotiable. At present, manufacturers basically adopt joint marketing and insured sales, and the transaction situation is still not optimistic. The transaction situation in the farmer's market is average. Individual enterprises export a small amount, the number of ports increases, and individual foreign traders begin to look down on the export off-season. The production of most enterprises in the province is basically normal.

Fujian Province: The market price of urea dropped, and the wholesale market price was about 1750 yuan. Due to the sharp drop in ex-factory prices in the north, local enterprises have no choice but to reduce prices. At present, the quotation of local enterprises is around 1.68 yuan, and the production is relatively normal. Due to sales difficulties, enterprises consider joint marketing.

Anhui Province: The price of urea still drops slightly. The manufacturer quoted 1.650- 1.670 yuan, which was basically not sold. In some markets, a small amount of urea delivery quotation 1.600 yuan has been sold, but the sales volume is limited, and dealers are still bearish on the market. The urea plant of Anqing Petrochemical Company in the province is still stopping, and it is expected to start construction around the 6th of next month. In order to prevent foreign sources, enterprises,

Jiangxi Province: The urea market is depressed, and the inventory pressure of enterprises is high. Some enterprises choose the Federal Reserve for joint sales, trying to digest the inventory, and dealers make appropriate purchases according to the consumption of farmers. At present, the market sales volume is relatively small, and the basic sales price is 1.700- 1.750 yuan.

South China market

Guangdong: The sales volume of urea market is small, and it is difficult to purchase from manufacturers because the inventory in the early stage of distribution is not digested. There is a great pressure on enterprises' inventory, and the current market price has fallen to 1650- 1680 yuan. Dealers in the market have a serious panic and have formed a large-scale dumping situation.

Guangxi: The market price of urea has declined, and the mainstream price is 1.66- 1.70 yuan. Dealers have a bad mentality, and the market has become a dumping mentality. No one receives the goods in the downstream market, the social stock is 300,000-350,000 tons, and the border trade is not smooth. It is expected that the urea market price in Guangxi will not rebound in the near future.

Southwest market

Sichuan: The price of urea dropped sharply. The local quotation of the enterprise is about 1.650 yuan, and the guaranteed sales quotation of meifeng, Sichuan is 1.765 yuan. There is no sales in the market, and a large number of goods have arrived, which leads to the rapid price reduction in the local market. The wholesale market price is about 1750 yuan, so there is no market. The local Lutianhua and Tianhua urea plants all went into shutdown.

Chongqing: The local urea sales are not good, and the mainstream wholesale price in the local market is still maintained at 1.08 million yuan, and there is no market price. The production of Chongqing Jianfeng Urea Plant is basically normal, and the wholesale market price is around 800 yuan. The new factory is expected to start this month.

Guizhou: The urea market is valuable, but there is no market, so it is of little significance for manufacturers to quote. The recent rainfall has limited relief to the drought and cannot bring market sales. The production of each factory is basically normal; The local quotation is around 1700- 1750 yuan, and the sales are not smooth.

Yunnan: The urea market is slow-moving, and no one is in charge of the previous drought. The recent rainfall has brought a glimmer of hope to dealers, but the market start is still not obvious. Manufacturers have a large inventory, little market sales, and prices have fallen all the way. At present, the reserve price of Yuntianhua market is 1, 8 10 yuan.

Northwest market

Shaanxi: urea market sales are not optimistic, manufacturers have great inventory pressure and sell less goods. Current market price 1700- 1750 yuan.

Gansu: The price of urea shows a downward trend. The local market price is basically 1.650- 1.700 yuan. A few dealers are facing inventory pressure, so it is difficult to purchase goods from manufacturers, so enterprises sell at low prices.

Ningxia: The local urea market has no price, and the price has dropped slightly. The wholesale price in the local market is 1700- 1750 yuan, and the goods are rarely sold. The actual transaction price of urea in Ningxia Petrochemical Company is 1650- 1680 yuan, which is not easy to sell.

Forecast for next week: Judging from the current situation, it is difficult to see the bottom price in the urea market, because once the market panics, the market will inevitably cause enterprises to make greater promotions, so it can be seen that the transaction price of 1500 yuan will be just around the corner.