In the urea market, supply and demand are tightly balanced, and there is a lack of social inventory. The price of urea in the fertilizer-use phase of spring plowing has obviously risen. To this end, the China Nitrogen Fertilizer Industry Association issued a proposal on April 24, requiring all urea production companies to strengthen self-regulation and stabilize the urea market.
China Nitrogen Fertilizer Industry Association requires all manufacturers to actively create conditions, organize current production, ensure supply, and not follow prices, and use actual actions to stabilize the market. In the current situation where the urea market price fluctuates greatly, urea production enterprises must give priority to the implementation of the previous contracts in order to maintain the credibility of the enterprises and the industry.
At the same time, China Nitrogen Fertilizer Industry Association will strengthen the current urea production and operation monitoring and information release, guide enterprises to reasonably organize the flow of fertilizers, and curb the unreasonable rise in the price of urea in areas where fertilizers are lacking.
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