Reducing pressure on the urea market starts with companies
2022-01-28 01:42
Since late May, the overall domestic urea market continues to downturn trend, the constant downward adjustment of the ex-factory price instead of bringing the ideal turnover to the business
Domestic urea market status
Since late May, the overall domestic urea market continued downtrend, and constantly lower ex-factory prices instead of bringing enterprises the ideal turnover, but instead of a vicious circle like the industry has repeatedly lowered the expectations of the bottom line of urea. A short period of time the price plunge may be able to explain it all. According to the mainstream ex-factory urea enterprises in Shandong offer: as of this week, the ex-factory offer has fallen from 2400 yuan / ton to 1980 yuan today, a ton drop of more than 400 yuan. So far, we are marveling at the risk of the industry at the same time has thought about what makes the urea price in just three months time experienced such a tragedy.
Falling prices focus on factors analyzed
A part of the blame will be attributed to the urea export blocked during the year. It is understood that this year's weak performance of foreign trade in urea is a fact, and the annual average of about 3.5 million tons of exports may bring pressure to the market. But hard to this reason seems a bit far-fetched, after all, this part of the sales accounted for only 6% of the country's total output. In other words, even if exports are completely blocked, the domestic should also have the ability to digest. However, this year's downstream market is unusually low, demand for a long time bearish. In this way, not only can not solve the problem of port stagnation, but also a little difficult to protect themselves.
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