# Export Expectations Support, Weak Domestic Demand Holds Back: Where Do Urea Prices Go Next?

> Chinese urea spot quotes were broadly stable as of November 3, with Hebei, Shandong and Hubei plant prices holding around 1,720 to 1,760 yuan per tonne. New orders were weak and downstream buyers were purchasing only for immediate needs. Traders expect sideways trading, with attention on factory inventories and downstream orders.

- Date: 2026-11-04 · published 2026-11-04T03:10:55.317Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/79054-export-expectations-support-weak-domestic-demand-holds-back-where-do-urea
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Export expectations are providing a floor for urea, but soft domestic demand limits upside and could cause spot prices to dip before export gains are realized. This points to range-bound fertilizer costs for feed and farm input buyers in the near term.

## Read by commodity

- UREA: neutral

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/wemedia/2026-11-04/doc-inixprpa6173504.shtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.