Urea Prices, Price, News, Demand and Supply | ChemAnalyst

1
Urea Prices Overview
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Market Overview   For the Quarter Ending March
2021   North America   The North American region
faced improved demand for Urea during the
quarter, but due to the shortage of feedstock
chemicals, prices remained high. Several
feedstock Ammonia plants remained idled with
several other production units across the gulf
coast as an effect of winter storm. Ex-factory
Urea prices at port Neal were reported around USD
415 per MT in March, showing gain of USD 20 per
MT on month-on-month basis. After a long winter
storm and trade disruptions, it is anticipated
that till the end of the quarter prices would
stop accelerating, as the production across the
US gulf would progress towards supply
restoration. Get more info https//www.chemanaly
st.com/Pricing-data/urea-1190
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Urea Prices Overview
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Asia   Urea prices across the Asian market rose
consistently due to healthy improvement in demand
from the domestic as well as international
fertilizers market. During Q1 2021, prices in
China suddenly surged due to partial lockdown
activities amid surging daily COVID-19 cases,
although it didnt affect the production of Urea
in the country, but road transportation and
exports activities started facing trouble.
Meanwhile, in the Indian market, demand for
Urea improved compared to the prior quarter and
limited supply supported its prices. In addition,
sentiments were bolstered after the Indian
government approved the grant of USD 13.44
million to sustain BVFCL (Brahmaputra Valley
Fertilizers Corporation Limited) plant
operations, having urea production capacity of
390,000 MT/year, to ensure timely Urea
availability for farming sector in the north
eastern part of India.   Europe   The European
Urea market experienced stable domestic and
international demand for Urea during Q1 2021. The
international demand was initiated due to lower
feedstock i.e. Ammonia output from the US market
due to disturbed production and limited trade
activities in the second half of the quarter,
which supported the price rise across the region.
Shipping container shortages and soaring
freight cost also significantly impacted the
price of Urea across several trading routes.
3
Urea Prices Overview
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Methodology ChemAnalyst gathers information
through primary research surveys conducted with
various Urea manufacturers, spread across
the domestic and international market, suppliers
and dealers/distributors to gain insights
into value-chains and demand-supply scenario to
assess the market situation. Thorough study of
companys annual reports and secondary sources
such as exhaustive search on credible paid
databases, including our internal database is
done to verify the information. All the collected
information is analyzed, evaluated and presented
in chronological order to depict a meaningful and
clear picture of the concerned market.   Our
dedicated team of industry experts
comprehensively monitors and analyzes various
aspects of the Global Urea market. The team
analyzes various industrial segments, strategic
viewpoints and provides an analysis of the
industrys performance in the long run. This
would enable our clients in efficiently plan
their future investments, mitigate risk,
understand the cost dynamics and strike out a
balance amidst market volatility.   Critical
examination of the impact of COVID-19 pandemic on
the global supply chains and shift in demand
patterns with change in buying behavior of
consumers across the globe.   Several ongoing
development projects across industries are
tracked, followed by the details of major
projects in the development stage, which can
positively or negatively influence Global Urea
market.   Pricing is captured through exhaustive
primary interviews with domestic and
international manufacturers, traders and
importers and customers on weekly, monthly and
yearly basis.   Finally, region-specific
markets for Urea are analyzed and region-wise
demand pattern is tracked.
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Urea Prices Overview
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• About
• Urea also known as Carbamide, is an organic
  compound with chemical formula CO(NH2)2. It is
  colorless, odorless, and non-toxic solid compound
  which exists ideal affinity for water.
  Commercially, Urea is manufactured by reacting
  synthetic ammonia with carbon dioxide. Urea finds
  wide application in agriculture industry, where
  more than 90 of total Urea produced in the world
  is used as a nitrogen-release fertilizer. Urea is
  known to have highest nitrogen content among most
  used nitrogenous fertilizers. Urea also finds its
  application in manufacturing of two widely used
  class of materials, namely, Urea-formaldehyde
  resins and Urea-Urea formaldehyde where latter is
  used in marine plywood. In addition , Urea has
  been commonly used in automobile industry to
  reduce the NOx pollutants in exhaust gases from
  combustion of diesel, dual fuel, and natural gas
  .
•  
• Product Specific Details
•  
• CAS No. Mapped Under Multiple Cas No HS
  Code Multiple HS Codes Grades Feed grade,
  Fertilizer grade (46 N content), Technical
  Grade Packaging Size 50Kg bag Incoterms CFR,
  FOB, Ex-Works, Bulk Contracted, Spot
•  
• Countries Covered
•  
• APAC  China, Japan, India, South Korea,
  Singapore
• Europe  Germany, France, Belgium
• America  USA, Brazil
• MEA  Saudi Arabia, UAE, South Africa

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Urea Prices Overview
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Urea Prices Overview
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