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Ammonium sulphate granular

9/3/2024 10:22:59 AM

During the holiday period, the domestic urea market mostly remained stagnant, with the mainstream market being mainly stable, with some maintaining a slight downward trend. In some areas, prices were slightly increased due to the impact of production restrictions, with a range of 20-40 yuan/ton. The prices of small and medium-sized particles in the mainstream region were referred to as 2320-2440 yuan/ton. The Shanxi production restriction scandal has supported the price of large particles, and a new round of labeling has added a wait-and-see atmosphere to the market. Most urea manufacturers have insufficient orders waiting to be issued, and the pressure to receive orders has increased. However, due to the expected mentality of new device production and the guarantee of market supply, downstream procurement enthusiasm is not high, and the main focus is on wait-and-see for the time being. In the short term, the market lacks strong positive news guidance, and it is expected that the domestic urea market will operate steadily with narrow fluctuations in the short term, waiting for the opening of futures on Monday.
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