Urea market in Shandong region remains firm with slight increase

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Urea market in Shandong remains steady with slight increases. Mainstream factory prices for small particles are around 1,800-1,810 yuan/ton, while large particles are approximately 1,900-1,930 yuan/ton. In Linyi, first-hand traders are offering around 1,850 yuan/ton, and in Heze, around 1,830 yuan/ton. Domestic production is generally normal. After the holiday, agricultural market sales are gradually increasing, and manufacturers are selling without pressure, leading to slight price rises. However, based on reference prices, current quotes may remain stable for now. In the market, industrial demand is still recovering, and overall transaction activity is less active than in agriculture. But due to firm manufacturer prices, the market may experience short-term small increases. (Longzhong Information)

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