Recently, the “green market” in the latest release of the investigation report “Global urea cost analysis,” said the 2015 and 2016 global urea market will begin to transition, 2017 ~ 2018 transition will be further deepened. This report analyzes the global nitrogen fertilizer industry potential bubble phenomenon that the new project will change the pattern of the urea market. Global production capacity in low-cost regions increased, especially urea production in North America could grow significantly.
The report notes that the current market is a seller’s market, China, and higher costs in Europe will now cost price of $ 275 / t. With the capacity increase speed gradually over demand growth and lead to significant excess supply, and is now the leading seller pricing mechanism will change.(Agrochemicals News)