Today, the urea market in Shandong region is stable with a slight increase.

In the Shandong region today, the urea market is slightly firming up, with small granules for factory delivery trading at 1760-1820 yuan/ton, and large granules for factory delivery trading around 1800 yuan/ton. Although exports are anticipated, they have not yet been confirmed, with sentiment relatively strong, while spot prices show a somewhat tepid trend. Agricultural sales are acceptable, and industrial buyers are purchasing on demand; based on surrounding price levels, a further rise will require new momentum in the short term. In Linyi, Shandong, the reference price for urea pickup is 1810-1820 yuan/ton, up 30 yuan/ton from the previous working day. (Longzhong Information)
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