尿素日报：情绪偏强 发布日期：2025 年 12 月 18 日 【行情分析】 今日盘面高开低走，日内上涨。今日现货价格上涨，交投氛围良好，部分 工厂出现停售。山东、河南及河北尿素工厂小颗粒尿素出厂价格范围在 1590- 1670 元/吨，河南工厂价格偏低端。基本面来看，虽位于气头装置停产期间， 但日产暂无大幅度下滑，依然在 19 万吨以上运行，农业需求处于淡季阶段，贸 易商适时补库。本期复合肥工厂开工环比下行，主要系部分地区环保检查导致 开工负荷下行，另一方面，复合肥价格增高后下游发运能力变差，工厂主动降 低负荷，东北工厂依旧保持冬储生产节奏，其他工业需求端因环保检查的结束 而逐渐复工，尿素下游依然有韧性。本期尿素库存继续去化，但主要集中在东 北西北地区，主交割区库存小幅增加。印标继续刺激市场情绪，尿素价格有延 续反弹，但过剩的缺口依然存在，上方压力明显。 【期现行情】 期货方面：尿素主力 2605 合约 1696 元/吨开盘, 高开低走，日内上涨，最 终收于 1708 元/吨，收成一根阳线，涨跌幅 1.67%，持仓量 162527 手（-2001 手）。主力合约前二十名主力持仓席位来看，多头-3106 手， ...

Group 1: Market Impact - The recent accident at Mosaic's Esterhazy potash mine has disrupted potash supply, potentially leading to higher prices due to tighter global supply-demand dynamics [1][2] - The Esterhazy mine has a nameplate capacity of 7.8 million tons per year, accounting for approximately 11.96% of the global potash production capacity projected at 65.2 million tons for 2024 [2] Group 2: Price Trends - The price of potassium chloride is expected to remain high due to winter storage demand and cost support, with a current price of 3,272 CNY per ton, reflecting a year-on-year increase of 28.82% [4] - A recent agreement for the 2026 potash import contract at $348 per ton (CFR) indicates an upward price trend, with a slight increase of $2 per ton compared to the previous year [3] Group 3: Company Recommendations - Salt Lake Co. has a production capacity of 5 million tons per year and ranks fourth globally, although its production decreased by 11.76% in the first half of 2025 [5] - Yara International has a capacity of 2 million tons of potassium chloride, with ongoing projects expected to enhance production [5] - Oriental Tower's subsidiary in Laos holds significant potash resources and is advancing its production capacity, with a current output of 59.69 thousand tons [5]

Agricultural Products Market - The national market price of edible agricultural products increased by 0.7% from the previous week, while production material prices rose by 0.1% [1] - The average wholesale price of 30 types of vegetables reached 6.03 yuan per kilogram, up by 1.3%, with notable increases in eggplant (8.4%), tomato (7.5%), and winter melon (5.8%) [1] - The average wholesale price of six types of fruits saw a slight increase, with watermelon, banana, and grape rising by 4.3%, 3.1%, and 0.8% respectively [1] - Poultry product prices experienced minor increases, with white-feathered chicken and eggs rising by 0.2% and 0.1% respectively [1] - Wholesale prices of aquatic products remained stable, with slight increases in certain fish types, while others saw minor declines [1] - Grain and oil wholesale prices showed slight fluctuations, with rice, rapeseed oil, and soybean oil increasing by 0.2%, 0.1%, and 0.1% respectively, while peanut oil decreased by 0.2% [1] - Meat wholesale prices saw a slight decline, with pork priced at 18.00 yuan per kilogram, down by 0.2%, and lamb and beef decreasing by 0.3% and 0.1% respectively [1] Production Material Market - Basic chemical raw material prices experienced a slight increase, with sulfuric acid rising by 1.7%, while methanol, soda ash, and polypropylene saw declines of 0.5%, 0.3%, and 0.3% respectively [2] - Prices of non-ferrous metals predominantly increased, with copper and zinc rising by 1.4% and 0.8%, while aluminum decreased by 0.3% [2] - Rubber prices showed slight increases, with natural rubber and synthetic rubber rising by 0.9% and 0.1% respectively [2] - Fertilizer prices experienced minor fluctuations, with compound fertilizer increasing by 0.3% and urea decreasing by 0.1% [2] - Coal prices saw slight declines, with coking coal, thermal coal, and anthracite priced at 1061 yuan, 783 yuan, and 1164 yuan per ton, down by 0.7%, 0.3%, and 0.2% respectively [2] - Steel prices generally decreased, with rebar, high-speed wire rod, and hot-rolled strip priced at 3354 yuan, 3545 yuan, and 3505 yuan per ton, down by 0.5%, 0.4%, and 0.3% respectively [2] - Wholesale prices of refined oil showed slight declines, with 0 diesel, 92 gasoline, and 95 gasoline decreasing by 0.6%, 0.2%, and 0.2% respectively [2]

Price Trends Overview - National production material market prices increased by 0.1% from December 8 to 14 compared to the previous week [1] Chemical Raw Materials - Basic chemical raw material prices saw a slight increase, with sulfuric acid rising by 1.7%, while methanol, soda ash, and polypropylene decreased by 0.5%, 0.3%, and 0.3% respectively [1] Non-Ferrous Metals - Prices of non-ferrous metals predominantly increased, with copper and zinc rising by 1.4% and 0.8% respectively, while aluminum decreased by 0.3% [1] Rubber Prices - Rubber prices experienced a slight increase, with natural rubber and synthetic rubber rising by 0.9% and 0.1% respectively [2] Fertilizer Prices - Fertilizer prices showed minor fluctuations, with compound fertilizer increasing by 0.3% and urea decreasing by 0.1% [3] Coal Prices - Coal prices saw a slight decline, with coking coal, thermal coal, and anthracite coal priced at 1061 yuan, 783 yuan, and 1164 yuan per ton, decreasing by 0.7%, 0.3%, and 0.2% respectively [3] Steel Prices - Overall steel prices decreased, with rebar, high-speed wire rod, and hot-rolled strip priced at 3354 yuan, 3545 yuan, and 3505 yuan per ton, declining by 0.5%, 0.4%, and 0.3% respectively [3] Refined Oil Prices - Wholesale prices of refined oil slightly decreased, with 0 diesel, 92 gasoline, and 95 gasoline dropping by 0.6%, 0.2%, and 0.2% respectively [4]

证券日报网讯12月17日，四川美丰（000731）在互动平台回答投资者提问时表示，近年来，公司坚持创 新绿色发展，研发出多项具有行业领先水平的装置工艺和生产技术。"美丰"品牌先后荣获"中国品牌影 响力100强""中国品牌价值500强""中国化工行业十大影响力品牌""中国尿素市场产品质量用户满意第一 品牌""中国农资行业最具价值品牌""全国质量管理先进企业"等称号；复合肥产品取得"环保生态肥 料"认证。同时，结合自身产业实际，先后在四川射洪、南部、沐川、甘洛，重庆铜梁、贵州湄潭建立6 所科技小院，根据各区域特点，为农户提供种植技术指导、测土配方施肥和病虫害防控等服务，助力乡 村振兴。未来，公司将持续加大研发创新力度，巩固提升尿素、复合肥等主要业务领域的技术、成本、 质量和品牌等核心竞争优势，引领公司高质量发展。 ...

【重要资讯】 【尿素】12 月 17 日，尿素行业日产 19.50 万吨，较上一工日持平（修正：上一工作 日日产为 19.50 万吨）；较去年同期增加 1.59 万吨；今日开工率 80.62%，较去年同期 79.24% 下降 1.38%。 大宗商品研究 能源化工研发报告 尿素日报 2025 年 12 月 17 日 尿素日报 【市场回顾】 1、期货市场：尿素期货主力完成切换，最终报收 1683（+11/+0.66%）。 2、现货市场：出厂价平稳，成交改善，河南出厂报 1600-1620 元/吨，山东小颗粒 出厂报 1660-1670 元/吨，河北小颗粒出厂 1670-1680 元/吨，山西中小颗粒出厂报 1570-1590 元/吨，安徽小颗粒出厂报 1610-1620 元/吨，内蒙出厂报 1520-1570 元/吨。 【逻辑分析】 主流地区出厂价平稳，受印标刺激，市场情绪升温，成交改善，大部分厂家全面停 售。山东地区主流出厂报价弱稳，市场情绪表现尚可，工业复合肥开工率提升，原料库 存充裕，成品库存偏高，基层订单稀少，刚需补货为主，农业刚需采购，贸易商低价采 购，新单成交火爆，省内尿素厂全面停售，预计出厂报价稳中 ...

每经头条（nbdtoutiao）——海南封关政策红利全解析：零关税、低个税、投资准入放宽、跨境资金自 由、创业扶持…… （记者 张明双） 2025年1至6月份，鲁西化工的营业收入构成为：化工行业占比66.07%，基础化工行业占比20.11%，化 肥行业占比12.06%，其他行业占比1.76%。 截至发稿，鲁西化工市值为287亿元。 每经AI快讯，鲁西化工（SZ 000830，收盘价：15.09元）发布公告称，2025年12月17日，鲁西化工接受 广发证券等投资者调研，公司董事会秘书刘月刚，证券事务代表柳青参与接待，并回答了投资者提出的 问题。 ...

近期，国内硫酸铵市场受企业装置运行降负影响，价格高位运行。生意社监测数据显示，12月12日山东地区硫酸铵价格运行平 稳，其中己内级硫酸铵主流价在1150～1250元(吨价，下同)，焦化级硫酸铵主流价在950～1050元。对于后市，业内人士普遍认为 将进入震荡调整阶段。 生产降负 价格上扬 隆众资讯分析师石璐指出，硫酸铵虽为副产品，但产能规模可观，能为企业贡献丰厚利润，特别是在主产品持续亏损的状态下。 今年10月，己内酰胺产品每吨亏损上千元，但部分厂家可以通过副产硫酸铵获得的收益来弥补亏损，一定程度上缓解了经营压 力。 为扭转行业"内卷"局面、保障产业持续健康发展，11月己内酰胺主流厂家多次落实减产保价措施。数据显示，12月5日全国己内 级硫酸铵装置开工率降至76.79%，比11月初下降8.72个百分点；按照己内级硫酸铵年产能1210万吨折算，日产量减少约3200吨。 随着己内酰胺装置开工降负措施落地，己内酰胺价格快速反弹，己内级硫酸铵价格也顺势拉高，企业逐步减亏且盈利改善。生意 社商品行情分析系统显示，11月26日己内级硫酸铵市场均价达1096元，较月初上涨5.79%；之后主流厂家继续上调价格，12月5日 市 ...

Group 1 - The core viewpoint of the article is that Batian Co., Ltd. has completed the necessary approvals for its 2.9 million tons phosphate rock expansion project and is currently in the process of related construction work [1] Group 2 - The company is actively engaging with investors through an interactive platform to provide updates on its projects [1] - The expansion project is significant for the company's growth and operational capacity in the phosphate industry [1]

登录新浪财经APP 搜索【信披】查看更多考评等级 本次增持人员保证向本公司提供的信息内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 一、增持主体基本情况 （一）增持主体 本次增持主体为公司董事长、总经理袁其荣先生，董事、副总经理袁鹏先生，董事会秘书吴昌昊先生。 （二）增持主体的持股情况 本次增持前增持主体未持有公司股票。 本次增持后，袁其荣先生持有公司股票58.85万股，占公司总股本的比例为0.069%；袁鹏先生持有公司 股票9.8万股，占公司总股本的比例为0.011%；吴昌昊先生持有公司股票5万股，占公司总股本比例为 0.006%。 特别提示： 1、增持计划的基本情况：安徽省司尔特肥业股份有限公司（以下简称"公司"）于2025年9月16日披露了 《关于部分董事、高级管理人员增持公司股份的公告》（公告编号：2025-37），董事长、总经理袁其 荣先生，董事、副总经理袁鹏先生，董事会秘书吴昌昊先生将根据市场情况，计划自上述公告披露之日 起3个月内通过集中竞价交易方式增持公司股份，董事长、总经理袁其荣先 ...