# [Closing] Urea rises 0.40% intraday; institutions say urea supply is falling but demand is weak, short-term futures stay range-bound

> China's urea futures closed up 0.40% on November 12 at 1,747 yuan per tonne. Weekly national output fell to 1.5143 million tonnes, and enterprise inventories dipped 0.8%. Spot prices in Shandong were flat to slightly higher, but demand remained subdued.

- Date: 2026-11-12 · published 2026-11-12T09:11:30.767Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/95299-closing-urea-rises-0-40-intraday-institutions-say-urea-supply-is-falling-but
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Falling supply and lower inventories support prices, but weak agricultural and industrial demand caps the upside. The futures outlook is range-bound, so the net price effect is neutral for now.

## Read by commodity

- UREA: neutral

## Sources

- goodsfu.10jqka.com.cn: https://goodsfu.10jqka.com.cn/20261112/c681748317.shtml

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