Hot News ( 24/05/2010-31/05/2010)
Source: www.sinofi.com and www.fert.cn |
Outlook of trends of urea:
1. It is currently peak season for farmers to use chemical fertilizer. Therefore, sales volume of urea will show a relatively significant increase.
2. Cost of urea production will increase due to the upcoming energy reform, which helps the price of urea keep rising.
3. Drought situation in Southeast of China is taking a turn for better.
4. A couple of measures have been adopted by urea manufacturers.
In general, an obviously great turn is taking place in the urea market at present. However, it is unlikely for the urea price to rise dramatically. |