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Shengyi's urea benchmark price on November 3 was 1,750.00 yuan per ton, up 0.29% on the day and about 0.3% above the 1,745 yuan level at the start of the month. The price sits in the middle of its one-year range, between a low of 1,585 and a high of 1,892.5 yuan per ton.
Urea is a key nitrogen input for corn, so a firm domestic Chinese price adds to fertilizer cost pressure for feed grain production. The move is small, so it signals stable rather than rising pressure on feed costs.
agrochemnet.comNov 3, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
