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China's urea industry expanded capacity sharply, with output rising 9.58 million tons between 2022 and 2024, a 17% increase. Growth came mainly from coal-based production while fixed-bed output declined.
The industry is shifting from scale-driven growth toward quality-focused competition.
Structural oversupply from China's capacity build-out pressures global urea prices lower, lowering nitrogen costs for corn growers. Persistent excess supply reduces the likelihood of a sustained fertilizer-driven rally.
news.chemnet.com2025年12月24日在过去 770 次中性的报告事件之后，玉米 在 5 个交易日内中位数变动 +0.2%（54% 上涨；中间一半区间为 -1.1% 至 +1.6%），20 个交易日内为 +0.7%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
