Sinopec News: Urea Market Trading on Demand, Prices Fluctuate Slightly

K-LinePoet · 2026-04-13T01:45:51+00:00

The domestic urea market shows narrow fluctuations, and new orders should be approached with caution. The average price on March 31st was 1,881 yuan per ton, with supply remaining high, supported by agriculture and industrial demand. It is expected that the market will continue to fluctuate in the short term, with potential localized price increase expectations.

K-LinePoet

2026-04-13 01:45:51

Abstract generation in progress

The domestic urea market is experiencing narrow fluctuations, with new orders being followed up as needed.
On March 31, the average price of small granular urea in China was 1,881 yuan per ton, up 1 yuan per ton compared to March 24.
In terms of supply, equipment maintenance and resumption of production coexist, and as seasonal storage sources are gradually released, supply remains at a high level.
On the demand side, agricultural fertilizer preparations and appropriate-priced fertilizer replenishments are ongoing, while industrial-grade compound fertilizers and melamine production are operating at relatively high levels, temporarily supplementing raw material inventories, and market demand still has support.
Currently, the supply and demand game in the domestic urea market is intense; supported by pending orders, manufacturers face little inventory pressure and hold a strong stance on price stability.
In the short term, as temperatures rise, the demand for procurement from industry and agriculture increases, but under supply pressure, the urea market may continue to fluctuate within a range, with some expectations of a slight increase in certain areas.
( Zhuochuang Information )

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.