The ex-factory price of Luxi urea is lowered by RMB 20/ton. Although the current industry starts at a low level, due to weak market mentality, limited substantive demand, and near New Year's Day, most merchants still wait and see. The overall transaction activity is low; the market temporarily weak

The elimination of export tariffs by chemical fertilizers is positive in the long-term. However, in the short-term, the purchasing mentality of downstream compound fertilizer raw materials is more wait-and-see, and small amount of monoammonium is traded. In 2019, the zero-tariff export policy for di

Recently, the compound fertilizer market is not active. the raw material market is weak; the downstream demand is not good; small orders take more while big orders are hard to get. Although the company started to maintain a low level, the factory inventory increased slowly, and the market was in a s

Turkey Turkey's purchases increased before the spring. China's caprolactam-grade ammonium sulfate is quoted at $143-146/tonne CFR excluding taxes. Korean is $156-159/ton exempt from tax plus credit. Turkey's imports fell: Turkey's financial and political crisis this year hit the import. Imports from

At present, the price of urea has dropped by about US$60/ton from the high price in mid-October, but there is still no indication that this weak situation has ended. As the market is still weak, downstream customers are not sourcing, and some suppliers in several regions are still looking for purcha