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Policy regulation will still be the ballast stone of the urea market
In April, both supply and demand sides of the urea market face a phased turning point. In the first half of the month, supported by pending orders, high industrial operating rates, and localized maintenance, prices are expected to remain firm; in the second half, as compound fertilizer production slows down, agricultural demand winds down, and new capacities are gradually released, prices may come under downward pressure. Policy regulation will still serve as the ballast for the market. Under the main tone of ensuring supply and stabilizing prices, there is limited room for significant price fluctuations. (Fei Duoduo)