On the evening of October 1, after the announcement of bid opening in India, the ex factory quotation of a urea enterprise in Shandong immediately increased by 100 yuan / ton, and other urea enterprises in Shandong, Hebei and Henan may suspend their quotation. In just four days, the product quotation of some urea enterprises increased by 150 yuan / ton, reaching 2900-2990 yuan per ton. It is reported that the low-end limited collection will rise again.
The low daily output of urea and the high price of raw coal under the dual control of India standard and energy consumption are expected to usher in a wave of rising market in the domestic urea market in the near future. Next, focus on the impact of policy news. The rise of urea price is bound to form a follow-up effect, and the prices of other fertilizers will also rise. For the rapid rise of domestic fertilizer prices, many departments such as the national development and Reform Commission have taken corresponding measures to ensure supply and stabilize prices in the early stage, and I believe they will not sit idly by.
