|Molecular Weight||60.056 g/mol|
|Currency||US$ (Data can also be provided in local currency)|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Urea Prices: https://www.procurementresource.com/resource-center/urea-price-trends/pricerequest
A primary nitrogenous compound known as urea (carbamide) has an osmotic diuretic effect and a carbonyl group attached to amine groups. It is created in the liver from ammonia via the urea cycle or as a byproduct of protein metabolism. It has a chemical formula of CH4N20
Mammalian urine, milk, blood, bile, and perspiration all contain large amounts of urea, a harmless, naturally occurring chemical that is a byproduct of protein metabolism.
The top-producing nation of urea globally are Russia, Egypt, Qatar, China, and Saudi Arabia.
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 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:
The industrial production of various chemicals, including urea-formaldehyde resins, adhesives, and plastics, uses urea as a significant ingredient, which has a notable impact n effect on itsthe price trend. It is an essential component used in the production of goods like glue, feedstock, fertiliser, industrial items, and resin. It is also widely used as fertiliser in the agricultural industry.
Key Market Players:
• QAFCO or Qatar Fertiliser Company
• Yara International ASA
• Koch Fertilizer, LLC
• OCI N.V.
• CF Industries Holdings, Inc.
• EuroChem Group AG
• 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: Average import urea prices dropped to USD 593 per tonne in August 2022 from USD 722 in May. Urea imports in April and August of the current year decreased by 14 percent despite sales increasing by 2 percent, and almost 60 percent of the budget for fertiliser subsidies has already been used up.
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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 most 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.
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