greenspincasino| Shandong urea market: ex-factory price of 2380 yuan/ton, purchase cautiously, supply slowly increases

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[Urea prices are firm and the market in Shandong is rising steadily]

May 22greenspincasino, the urea market in Shandong Province is ushering in a steady trend, with the ex-factory price range of small pellet urea locked at 2300 yuan to 2370 yuan per ton. The quotations from first-hand traders in Linyi area followed closely, ranging from about 2380 yuan to 2390 yuan per ton, while the quotations from Heze area fluctuated within the range of 2370 yuan to 2380 yuan per ton.

As Mingquan Company is expected to resume operations soon, other urea producers maintain a normal production pace. Despite this, a few companies in the province have successfully reached new orders, but the speed of spot supply is still slow, which has led to a slight upward trend in urea prices on a stable basis.

Driven by current market sentiment, traders and companies are adoptinggreenspincasinoIn view of prudent procurement strategies, urea trading activity in the agricultural sector is limited, and the overall market situation is in a stalemate.