03/04/2026
🔥 International Urea Prices Soar, China Prioritizes Stability
Export Prices Hold Steady: Ranging from $765 to $800/ton (FOB)—significantly lower than the high prices seen in the Middle East and North Africa. While this offers a competitive advantage, large-scale exports have not yet commenced.
Domestic Prices Remain Stable: Ex-factory prices in Shandong province range from ¥1,840 to ¥1,960/ton. The focus remains on ensuring supply and stabilizing prices; domestic rates have not tracked the upward trend of the international market.
Potential Export Window: Market rumors suggest that exports may resume between late May and June; however, there has been no official confirmation to date.
Alternative Products Gain Traction: Exports of ammonium sulfate are booming, effectively absorbing a portion of the overall demand for nitrogen fertilizers.
In Summary: Domestic prices remain stable while the foreign trade sector adopts a wait-and-see approach; for the time being, China serves as a reserve supplier for the high-priced international market.