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- New Chinese urea capacity has continued to come on stream even though urea has been in serious oversupply in China.
- In China, there are many new plants relying on competitively priced feedstock and that show high energy efficiency.
- The coal price decline in China, has contributed to shift the international floor price for Urea down.
- The Chinese government has liberalised Urea export markets, which means that additional Urea capacity can be competitive in international markets.
Below are extracts of the in-depth data and analysis included in the report: