Fertilizers in some parts of the South have a gap. Urea prices fell slightly in late March

A few days ago, it was learned from the Nanning (China-ASEAN) Commodity Exchange that there are currently gaps in fertilizers in some parts of southern China. Industry insiders expect the price of urea to decline slightly in late March.

After New Year's Day this year, the ex-factory price of urea slowly rose from 1900 yuan/ton to 1950 yuan/ton before the Spring Festival, and prices began to rise again after the holidays and then fell back.

Industry insiders believe that after the holiday season began to prepare fertilizer, pulling prices. However, due to the impact of low-temperature weather such as fertilizer, prices have fallen. Analysts believe that the spring market conditions, in late March, with the end of the first round of fertilizer use in Northeast, and the normal supply of raw materials such as coal, natural gas, production enterprises operating rate increased, urea prices may slow down slightly.

Nanning (China-ASEAN) Commodity Exchange is a commodity spot electronic trading market filed with the Ministry of Commerce of the People's Republic of China. It specializes in the China-ASEAN Free Trade Area supporting services and engages in various types of industrial products, agricultural products, energy products, large-scale machinery and equipment, and technology. Products, cultural products, import and export commodities, and other spot commodities, spot-spot, mid- and long-term electronic transactions.

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