subject: January Market analysis of the third week of urea - urea, the market - the chemical industry [print this page] January Market analysis of the third week of urea - urea, the market - the chemical industry
Domestic urea prices rose steadily this week. Industrial market, the approach of the Lunar New Year holiday, generally do not purchase requirements, and price fluctuation in the latter part of the case, few dare to large industrial customers downstream accumulation of raw materials; agricultural market, Anhui, Jiangsu and Henan in the rain in some areas dressing after the beginning of winter wheat, but the overall demand for small, limited market support efforts, while other agricultural markets in most parts of the atmosphere, also shrouded in a wait and see, because of the bearish market conditions 3-4 months, so the general shortage of dealer plan to sell later to take as they enter the way to avoid risks and is expected to start may have to wait until the market completely after the Spring Festival. Specific market and regional markets as follows: Shandong, Hebei, Henan mainstream prices rebound slightly last week after the closing conditions not improve, except in large companies and so on gradually getting goods, the procurement of small dealers and industrial markets are still not high enthusiasm, manufacturers orders greater pressure, so these areas this week, the mainstream market to stabilize the main basic, only a small number of low-end offer up, the factory now offer manufacturers generally 1770-1780 yuan / ton, the actual turnover 1740-1770 yuan / ton. Jiangsu, Anhui, Hunan, Fujian and Guangdong and Guangxi region to a small chase the mainstream price, normally in the 20-30 yuan / ton, but the overall performance of the contract value in the same flat. The northeast, northwest, southwest Most manufacturers offer did not make significant adjustments in the same market transactions is not very strong.
Production, Natural gas , The power supply is still restricted domestic urea production capacity of the main factors. Affected by cold weather, poor Russian coal Sinotrans, China's imports of coal supply reduction, and integration of domestic coal and transport stress also limits the normal supply of coal, so the supply of domestic coal market is still tight, short-term power shortage, and coal the status of price increases may not significantly change. Anthracite prices relatively stable this week, but taking into account the Shanxi coal mine safety integration and reorganization near the Chinese New Year and other factors, does not rule out the possibility of anthracite coal prices continue to rise.
Exports, because tariffs will rise, but subject to a higher offer and the impact of poor transport, this week, the overall volume is still small. It is understood, however, some domestic trading companies are shipping to the Free Trade Zone, mainly taking into account the New Year after the Vietnam and other neighboring countries will also enter Sell Peak season, China raised export tariffs may encourage urea prices have risen in these areas. Roughly estimated the total current into the bonded area of 50 million tons of urea.
Together, the current pessimistic outlook on the domestic market, the overall suppression of large price movements, but taking into account the fertilizer season approaches, and raw material prices may continue to push up production costs, it is expected that the upper and lower short-term domestic urea prices fluctuations in space is still low and the market will continue to wait in the dull season to come.
