-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Urea prices finally bottomed out this week after falling by USD 60/ton in FOB prices in March.
Traders began to replenish goods, and some of them have purchased urea for the February shipping schedule for long-term storage.
The current market situation is similar to that of October-November 2015.
At that time, the price rose for 2-3 weeks at a rate of US$20/ton.
Therefore, most of the industry believes that the price is only a short-term price.
However, considering that most countries will enter the peak season for spring farming and fertilizer use, the price increase cycle may be longer than expected.
At the time of the early price drop, buyers have delayed purchasing.
It is expected that they will gradually enter the market in the near future, which will drive market demand in Latin America and other places.
Mexico and Turkey are priced at US$190/ton CFR.
This price should have been approved last week, but there is currently no source of this price.
As the Chinese New Year holiday approaches, Chinese suppliers no longer cut prices blindly.
A trader pre-purchased 6000 tons of small granular urea loaded in February, but could not find a source of less than US$200/ton FOB.
The US market is launched.
According to reports, CF entered the market this week to purchase large particles of urea, and the U.
S.
Gulf CFR price is firm at 220-223 US dollars/ton.
Based on the current low freight, the FOB price in the Middle East is 210-213 US dollars/ton.
Only Egypt prices continued to fall this week, and the February supply transaction was at FOB 215,218 US dollars/ton.
The European market was slow to trade in February, and it was in a game with the Arabian Gulf market.
The price is temporarily not transparent.
Market focus this week: The urea market has temporarily bottomed out.
Traders replenish the goods and stabilize the Baltic Sea.
The price of the Black Sea in Mexico is considered to be a test market.
Large granular urea in the Arabian Gulf is sold to Mopco in Europe.
, China's high price of urea and low price pull down the demand for ammonium sulfate
Traders began to replenish goods, and some of them have purchased urea for the February shipping schedule for long-term storage.
The current market situation is similar to that of October-November 2015.
At that time, the price rose for 2-3 weeks at a rate of US$20/ton.
Therefore, most of the industry believes that the price is only a short-term price.
However, considering that most countries will enter the peak season for spring farming and fertilizer use, the price increase cycle may be longer than expected.
At the time of the early price drop, buyers have delayed purchasing.
It is expected that they will gradually enter the market in the near future, which will drive market demand in Latin America and other places.
Mexico and Turkey are priced at US$190/ton CFR.
This price should have been approved last week, but there is currently no source of this price.
As the Chinese New Year holiday approaches, Chinese suppliers no longer cut prices blindly.
A trader pre-purchased 6000 tons of small granular urea loaded in February, but could not find a source of less than US$200/ton FOB.
The US market is launched.
According to reports, CF entered the market this week to purchase large particles of urea, and the U.
S.
Gulf CFR price is firm at 220-223 US dollars/ton.
Based on the current low freight, the FOB price in the Middle East is 210-213 US dollars/ton.
Only Egypt prices continued to fall this week, and the February supply transaction was at FOB 215,218 US dollars/ton.
The European market was slow to trade in February, and it was in a game with the Arabian Gulf market.
The price is temporarily not transparent.
Market focus this week: The urea market has temporarily bottomed out.
Traders replenish the goods and stabilize the Baltic Sea.
The price of the Black Sea in Mexico is considered to be a test market.
Large granular urea in the Arabian Gulf is sold to Mopco in Europe.
, China's high price of urea and low price pull down the demand for ammonium sulfate
