# Urea supply falls but demand stays weak, futures likely to keep trading in a range in the short term

> Chinese urea spot prices were mixed on 12 November, with Shandong and Henan prices up 10 yuan per tonne to 1,760 yuan. Daily urea output fell to 215,400 tonnes, though still above last year, and some plants plan shutdowns later in the month. Demand remains weak, and enterprise inventories edged down 0.8% but stay high.

- Date: 2026-11-12 · published 2026-11-12T03:10:56.488Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/94832-urea-supply-falls-but-demand-stays-weak-futures-likely-to-keep-trading-in-a
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Weak downstream demand and high inventories cap urea prices, while expected supply cuts and possible Indian tenders support the outlook. The net effect is range-bound domestic prices with upside risk if new buying emerges.

## Read by commodity

- UREA: neutral

## Sources

- goodsfu.10jqka.com.cn: https://goodsfu.10jqka.com.cn/20261112/c681732951.shtml

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