Global urea prices plunge as Chinese exports surge | Integer
manage you subscriptions
OR
stay where you are
Close
Please note: the downloads on this page may not work on your browser (Internet Explorer 7 or 8 from Microsoft) as we use encryption technology (to make your browsing experience as safe and secure as possible) which is newer than IE7 or IE8 supports.

Rather than downgrade our security, we apologise and request that you update to the latest version – IE11 – or alternatively download Google Chrome or Firefox – which work without issues.

Alternatively, please email
info@integer-research.com
and let us know which download you require so we can send it to you directly.
Your login details:







Your interests* - select more than one if necessary
Environment & Emissions
DEF/AdBlue/ARLA 32
Emissions Control Technologies
Marine Emissions
On-Road - Light Duty Vehicles/Passenger car
Non-Road/Off-Highway
LNG/CNG/Alternative fuels
On-Road - Heavy Duty Vehicles
Engine/Vehicle Manufacture
Fertilizers & Chemicals
Ammonium Sulphate
Nitrogen
Phosphate
UAN
Sulphur
Ammonium Nitrate
Phosphate Rock
Potash (SOP)
Potash (MOP)
NPK
Sulphuric Acid
Urea
Wire & Cable
Data, signal & control
Enamelled/magnet wire
Fibre optic cable
Fire performance cable
Power cable
Specialty cable

REGISTER
Your login details:
Remember me?
forgot password?
[]
Translate Click here to read this in:
Translate
Click here to read this in:

Global urea prices plunge as Chinese exports surge

Posted On: 29-07-2014 By: Jon Raeside

Chart-1a-300x225Global urea prices continue to weaken going into the second half of 2014, with oversupply from Chinese exporters dominating the market. The dramatic growth in Chinese urea exports has been facilitated by a combination of a substantial Chinese supply overhang, reduced export tariffs, and weak Chinese coal prices.

A newly published Focus Report: The Chinese urea industry from Integer Research, analyses the Chinese urea business in-depth and suggests the effect of this surplus capacity is likely to continue to depress international prices in the coming years and will effectively determine the market floor price.

Investment in Chinese urea capacity has resulted in a serious oversupply, exceeding domestic apparent consumption by about 30%, and new investments continue. As a result, more than 20 million tpy of Chinese urea capacity is faced with either export shipment or staying idle.

Exports have been a key outlet for the surplus volumes and the Chinese government has sought to limit export volumes with punitive export tariffs for most of each year. However, these tariffs have been significantly reduced in 2014, and export volumes are quickly rising. Urea exports reached 3.82 million tonnes in January-May 2014, over three times higher than the same period in 2013.

1170 queries in 3.438 seconds.