Price Trends of Urea Price in its Latest Insights and Dashboard

Posted on 18 November, 2022 by Jolie Alexa

Request for Real Time Urea Prices: https://www.procurementresource.com/resource-center/urea-price-trends/pricerequest

Urea (carbamide), a chief nitrogenous molecule, has osmotic diuretic action and a carbonyl group connected to amine groups. It is formed from ammonia in the liver through the urea cycle or as a by-product of protein metabolism.

Urea is a safe, naturally occurring molecule that is a by-product of protein metabolism and is extensively available in mammalian urine, milk, blood, bile, and perspiration.

Russia, China, Saudi Arabia, Qatar, and Egypt are the leading global countries producing Urea.

Key Details About the Urea Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Urea price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Urea price chart, pricing database, and analysis can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Urea Price Trend:

Industrial use of Urea as a key material in producing several chemicals like urea-formaldehyde resins, adhesives, and plastics is impacting the price trend. It is a crucial material added to manufacture products like glue, feedstock, fertilizer, commercial products, and resin. It is also extensively employed in the agriculture sector as a fertilizer.

Key Market Players:

• QAFCO or Qatar Fertiliser Company
• Yara International ASA
• Koch Fertilizer, LLC
• SABIC
• OCI N.V.
• CF Industries Holdings, Inc.
• EuroChem Group AG
• OSTCHEM
• PotashCorp
• China National Petroleum Corporation
• Ruixing Group Co.,Ltd
• Luxi Chemical Group Co., Ltd.
• Shandong Hualu-Hengsheng Chemical Co., Ltd.
• Sichuan Lutianhua Co., Ltd. (Lutianhua)

News and Events:

• September 26, 2022 - In August 2022, import urea price on average dipped to USD 593 per tonne compared to USD 722 in May. Approximately 60 percent of the budget for fertiliser subsidy is already exhausted, and urea imports between April to August in the present year dropped by 14 percent despite the sales going up by 2 percent.

We Provide Lots of Industries Reports With Full Analysis, For That You Should Visit Our Procurement Resource Website, Apart From This, We Also Provide the Latest Price Trends of Various Products Including ethyl acetate price and ethylene glycol price.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

Contact Us:

Company Name: Procurement Resource
Contact Person: Jolie Alexa
Email: sales@procurementresource.com
Toll Free Number: USA & Canada: +1-415-325-5166 | Europe & Africa: +44-702-402-5790 | APAC: +91-8586081494
Address: 30 North Gould Street, Sheridan, WY 82801, USA