# Short-Term Supply-Demand Tensions Persist as Urea Futures Trade in a Narrow Range

> China's urea futures traded in a narrow range, while Shandong spot prices were reported at 1,740–1,770 yuan per tonne. Producer capacity utilization rose to 89.82%, and the report cited recovering supply alongside weak demand and growing inventory pressure.

- Date: 2026-11-06 · published 2026-11-06T03:13:17.758Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/83303-short-term-supply-demand-tensions-persist-as-urea-futures-trade-in-a-narrow
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Higher operating rates and weak demand increase the risk of inventory accumulation, weighing on urea prices. Import-tender sentiment may limit pressure in the near term.

## Read by commodity

- UREA: bearish ▼

## Sources

- finance.sina.com.cn: https://finance.sina.com.cn/money/future/fmnews/2026-11-06/doc-inixucsw8321028.shtml

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