The cost of raw materials such as coal and natural gas rose, pushing up the price of urea slightly. The monitoring showed that domestic urea prices rose by 1.0% from the previous week last week (November 8 to 14).
Natural gas and anthracite prices rose by 2.9% and 0.3% respectively from the previous week. International urea prices continued to rise. Last week, the Baltic urea FOB price was US$364-365/ton, up 4.0% from the previous week. It is expected that the price of urea will increase slightly in the later period.
Natural gas and anthracite prices rose by 2.9% and 0.3% respectively from the previous week. International urea prices continued to rise. Last week, the Baltic urea FOB price was US$364-365/ton, up 4.0% from the previous week. It is expected that the price of urea will increase slightly in the later period.
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