Today, the urea market in Shandong remains stable with a slight downward trend.

Today, the urea market in Shandong remains stable with a slight weakening. Small particle mainstream ex-factory transactions are around 1800-1830 yuan/ton, while large particles are around 1900-1930 yuan/ton. The Alliance and Lunan plants are under maintenance, and other companies are operating normally. In the short term, market sentiment is consolidating; as it is wheat harvest season for agriculture and industrial purchases are demand-driven, trading atmosphere has declined, and the market is showing signs of loosening while remaining steady. In Linyi, the reference price for first-hand traders to sell goods is around 1830-1840 yuan/ton, down 20 yuan/ton compared to the previous working day. (Longzhong Information)
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