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Urea prices remain highSwordfromcrouchingtigerhiddendragonThe market sentiment of ammonium chloride improved, and the price stopped falling and rose slightly. Urea supply fluctuation, general demand, short-term market or small consolidation; ammonium chloride is supported by summer fertilizer production demand, the price has a stable foundation.

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[on the eve of the May Day short holiday, urea prices rose steadily and slightly, and the market sentiment of ammonium chloride improved] as the May Day short holiday approached, the urea prices concerned by investors in the secondary market did not show the expected downward trend. Instead, the price was slightly reduced after the end of demand in Northeast China.SwordfromcrouchingtigerhiddendragonOn the other hand, there is a steady and slight increase in other areas. The impact of the futures market caused spot market prices to hover at high levels, while ammonium chloride stopped falling and rose slightly under the support of rigid demand for summer fertilizer production. There are obvious regional differences in urea prices. the mainstream ex-factory quotation is 2200-2240 yuan / ton in Anhui and 2250 yuan / ton in Jiangsu, while the reference price of dry ammonium in Jiangsu and Anhui is only 450,490 yuan / ton. Although the price of urea in Northeast China has fallen somewhat, the mainstream ex-factory price remains at a high level of 2110-2208 yuan / ton. The supply of urea is still abundant, although some enterprises plan to carry out maintenance in May, and the daily supply is expected to fluctuate in the range of 17-180000 tons. However, the market of liquid ammonia in many places is weak, and urea production enterprises are facing greater cost pressure. In terms of agricultural demand, although the price of urea is high, the actual trading volume in the market is limited, and traders are cautious and only make necessary purchases. In terms of industrial demand, compound fertilizer plants promote fertilizer production in summer, but the demand for urea is relatively limited. The export of urea is limited, the price in the international market is low, and the domestic urea market lacks an effective boost. However, the recent increase in coal prices has provided some support for the cost of urea. It is expected that there will be a balance between supply and demand in the urea market in the short term, and enterprises may appropriately reduce prices during the May Day holiday to attract orders. Ammonium chloride market is more cautious in price adjustment, and urea price has a limited impact on it. At present, the market mood has improved, and the price has stopped falling and rose slightly. The main reasons for the warming of ammonium chloride market are the promotion of summer fertilizer production and the historical low price of ammonium chloride. However, there are still uncertainties in the market, such as the rebound in the price of soda ash and the production enthusiasm of joint alkali enterprises, as well as the variables of export policy. Generally speaking, the urea market may operate slightly in the short term, while the ammonium chloride market is expected to develop well under the impetus of demand and market sentiment. Investors should pay close attention to the market dynamics and make corresponding investment decisions.

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