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On August 15, the domestic urea market remained relatively stable, with prices showing little fluctuation. The mainstream factory quotation from major urea manufacturers is currently around 1600 to 1700 yuan per ton. However, regional demand varies significantly. In Shandong, Shanxi, and Lianghe areas, urea demand remains weak, and local manufacturers are operating at normal levels, though some are offering discounts. The transaction price has dropped as low as 1,550 yuan per ton in certain cases.
In the southwest region, urea demand is sluggish, and local manufacturers are experiencing lower sales volumes. The factory price there ranges between 1,650 and 1,700 yuan per ton. With prices approaching production cost levels, the market is showing signs of slowing down. Retailers are adopting a cautious approach, buying only what they need and holding out for better prices. Some dealers are still willing to sell at higher prices, while others are struggling to move inventory.
Despite some manufacturers implementing joint sales strategies, commercial buyers remain cautious, leading to continued inventory pressure. Although export orders have started to increase in recent days, international demand remains limited. As a result, the supply-demand imbalance is not expected to ease in the short term. Given these factors, it is likely that urea prices will continue to decline gradually over the coming weeks.