1、 Price trend

According to the Commodity Market Analysis System of Shengyi Society, as of February 27th, the reference average price of the domestic urea market was 1835 yuan/ton, an increase of 2.95% compared to the reference average price of 1782 yuan/ton on February 1st.
2、 Market analysis
Supply and demand situation
This month, the domestic urea market prices have been on a strong upward trend. The urea market supply is still sufficient this month. At the beginning of the month, the urea futures market weakened, coupled with average downstream demand, resulting in a slight decline in domestic urea market prices. As the futures market gradually rises, downstream stocking demand increases before the Spring Festival, and domestic urea prices begin to rise. During the Spring Festival, the price of urea printing labels was announced, and the price increased. After the holiday, the demand for industry and agriculture followed suit, and the urea market saw an increase in growth.
market situation
As of February 27th, the urea market prices in Shandong are around 1810-1860 yuan/ton, Hebei is around 1800-1850 yuan/ton, Henan is around 1780-1830 yuan/ton, and Liaoning is around 1780-1820 yuan/ton.
According to the weekly K-bar chart from December 1, 2025 to February 16, 2026, it can be seen that the domestic urea cycle is characterized by ups and downs. In February, there was a significant increase in domestic urea prices, with the largest increase being 0.98% in the week of February 9th.
3、 Future forecast
Business Society’s urea analyst believes that the urea market has been consolidating and operating with a strong trend in recent days. At present, spring plowing and fertilization are approaching, and the demand for urea in the market is increasing, with sufficient orders waiting to be placed in the market. It is expected that in the short term, the domestic urea market prices will remain stable with a moderate upward trend.