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Chinese urea prices continued falling in November, with quotations below 1,500 yuan per tonne in several regions and some transactions around 1,400–1,450 yuan. Prices then stabilized at low levels in some areas amid early winter-stockpiling activity, while producers reported weak buying, high operating rates, and ongoing losses; market participants expect possible export-duty or tax policy changes to support prices.
Weak demand and ample production weigh on prices, while winter restocking, higher coal costs, and potential policy changes may provide a floor or prompt a rebound. Any relaxation of export duties could increase Chinese exports and tighten domestic supply, but the policy has not yet been issued.
nongxun.netNov 6, 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.
