Blogs

QINGYUAN CHEMICAL



03

2026

-

07

Urea Daily Market Review (July 2, 2026)


Spot market prices remained stable with some declines; futures trended downward amidst volatility.

 

 

The national urea spot market saw stable prices with some downward movement today. Trading in the Northwest remained steady, with no adjustments to mainstream prices or manufacturer quotes. In South and Southwest China, prices edged lower due to weak demand and the influx of supplies from other regions; consequently, buyers adopted a cautious approach. On the production side, aside from minor price cuts by some manufacturers in Shanxi and Inner Mongolia, most producers maintained stable prices, with new orders consisting primarily of small-volume purchases driven by immediate needs. With limited market support and a prevailing wait-and-see sentiment—and no clear bullish drivers in the short term—the market is expected to remain generally stable, though some localized areas may experience a weak consolidation.

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