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Urea futures high price callback institutions are expected to be divided

 Last Update: 2021-09-08
 Source: Internet
 Author: User

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Recently, urea futures prices have seen a correction after successively hitting new highs

Regarding the previous increase in the price of urea, many institutions generally believe that the price of urea is driven by multiple favorable factors, including most domestic companies maintaining zero inventory, a large number of pending orders for companies, and centralized maintenance of some urea devices

Flush data shows that domestic listed companies engaged in urea production include Yangmei Chemical, Hualu Hengsheng, and Yuntianhua

Regarding the recent urea price correction, Founder Interim Futures believes that the domestic urea market has slowed down.

Ruida Futures believes that looking forward to the market outlook, there are still many device maintenance plans, and demand is in a period of strong, corporate inventories have fallen to historically low levels, and futures prices are expected to continue to rise after a short correction; however, some institutions believe that the market outlook is expected to be profit-driven Under the circumstances, the operating rate of urea plants will pick up, and the price of urea will drop significantly after the increase in output

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