Price and Market Trends - Urea prices experienced fluctuations last week, with increased domestic maintenance leading to a slight decline in supply and a rise in downstream purchasing for topdressing, providing slight price support [1] - Internationally, urea prices surged due to the Israel-Palestine conflict and the impact of Indian tenders, causing domestic prices to rise slightly before retreating [1] - Current ex-factory prices are reported as follows: Shandong small and medium granules at 1750-1810 RMB/ton; Henan small granules at 1700-1800 RMB/ton; Hebei small granules at 1740-1780 RMB/ton [1] Production, Sales, and Inventory - This week's survey indicates that small granule urea production is at 1.015 million tons, a decrease of 0.32% week-on-week; large granule urea production is at 252,900 tons, down 5.30% [2] - Small granule urea sales reached 1.0854 million tons, an increase of 9.29%; large granule urea sales were 261,100 tons, up 1.02% [2] - The sales-to-production ratio for small granules is 106.93%, up 9.40 percentage points; for large granules, it is 103.25%, up 6.67 percentage points; total inventory stands at 999,800 tons, down 6.90% [2] Operating Rates - As of June 24, 2025, the national daily urea production is approximately 197,400 tons, with an operating rate of about 85.09% [3] - Coal-based urea enterprises have an operating rate of 84.22%, while those using natural gas and coke oven gas have an operating rate of 87.91% [3] - The overall operating rate for urea enterprises has decreased by 1.20 percentage points week-on-week but is up 6.60 percentage points year-on-year [3]
中国氮肥工业协会：6月24日调查全国尿素日产量约为19.74万吨 开工率约85.09%
Xin Hua Cai Jing·2025-06-27 08:44