STARCO CHEMICAL
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Last week (December 15 - December 19), the domestic urea market supported by industrial demand improved in some areas, prices go up. December 22 CNPI to 1661.86 points, up 4.64 points, or 0.28%; fell 150.92 points, down 8.33%; than the base period fell 201.39 points, down 10.81%.
Supply situation: domestic urea enterprises operating rate fell slightly, remained at around 65%. From raw material market, anthracite market weakness maintenance of stability, market transactions in general, investors will continue to stabilize the main.
Demand: weak domestic demand for agricultural urea market, increasing demand for fertilizer procurement, factory orders shipped more ports.
International market: in every major region of small granular urea prices rose slightly. Among them, small particles of urea FOB Baltic Sea last week rose $4-7/ ton, remained at $ 315-320 / ton; the Arab Gulf FOB price of urea granules steady last week, remained at $ 315-325 / ton; Youzhny small particles of urea FOB last week, up $ 3-9 / ton, remained at $ 318-319 / ton. Exports, China in 2015 to determine the new export tariffs, the new tariffs abolished seasonal differences in tariffs, urea taken from the amount of taxable annual unified tax, perform 80 yuan / ton export tariff. Domestic urea export demand improved, buyers have bid for purchase orders in India, while the supply to the US.
Region: The last week in some areas of domestic urea market prices were mixed. North China plain procurement needs of agriculture, the main supply of fertilizer companies and manufacturers orders set in Hong Kong, the overall market was steady; increase in east and central China fertilizer procurement requirements, orders are generally set in Hong Kong recently, some provinces prices rose slightly 10-50 yuan / ton; the Northeast winter storage demand has improved, sustained industrial demand, market temporarily remain stable; northwest and southwest regions dull market, companies jointly sell more than the Fed, some provinces lower prices 5-10 yuan / ton; South China market is relatively stable.
In the short term, by slowly Dongchu, industrial demand for the release limited supply set in Hong Kong and other factors are expecte
