Urea market in Shandong region stabilizes after recent increase

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Urea market in Shandong region remains stable after recent increases. Mainstream factory prices for small particles are around 1,840 RMB/ton, while large particles are approximately 1,960 RMB/ton. In Linyi market, first-hand traders are offering around 1,890 RMB/ton, and in Heze market, around 1,850 RMB/ton. Domestic production is generally normal. After March, prices in the province rose to the guidance level and then temporarily stabilized, with shipments still smooth. The market initially followed the upward trend, but today’s sentiment has noticeably weakened, affecting trading atmosphere, so the market is likely to remain stagnant. If the weak sentiment persists, there may be slight price adjustments in the near future. (Longzhong Information)

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