The domestic urea spot market is generally stable, with most regional prices showing no significant fluctuations.

Overall, the domestic urea spot market has recently continued a stalemate trend, with most regional quotes remaining stable. The supply side maintains high operating rates, with ample daily production; on the demand side, agricultural fertilizer enters a seasonal lull, and market trading atmosphere has somewhat weakened, mainly supported by industrial rigid needs such as compound fertilizers and panel materials. Company inventories are at historically low levels for the same period, with sufficient pending orders, and overall supply is tight, leading companies to have a strong willingness to maintain prices. However, policies to ensure supply and stabilize prices continue to restrict, with upstream prices remaining stable while downstream resistance persists, causing the market to fall into a stalemate struggle. In the short term, domestic urea prices are expected to continue consolidating in a stalemate, with the market temporarily following macroeconomic sentiment fluctuations, awaiting a marginal recovery in agricultural demand and clearer export policies. (FeiduoDuo)