Shandong urea prices rose sharply during the Spring Festival
During the Spring Festival, affected by the continuous increase in new orders received from the factory, the company's urea ex-factory price rose significantly, which was a cumulative increase of nearly RMB 100/ton over the week, which was mainly driven by the support from the surrounding agriculture.
As of February 9th, the mainstream factory price of urea enterprises in Shandong was 2020-2060 yuan/ton, and the company said that the transactions were good and some companies had limited collections.
Concern: The duration of the price increase for urea companies in this round; the impact of price increase in Shandong on neighboring provinces;
As of February 9th, the mainstream factory price of urea enterprises in Shandong was 2020-2060 yuan/ton, and the company said that the transactions were good and some companies had limited collections.
Concern: The duration of the price increase for urea companies in this round; the impact of price increase in Shandong on neighboring provinces;
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