| Report Features | Details |
| Product Name | Urea |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| 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
Urea is one of the main nitrogenous compounds, commonly known as carbamide. It possesses an osmotic diuretic effect and a carbonyl group connected to amine groups. Either as a byproduct of protein synthesis or through the cycle, it is produced in the liver from ammonia.
Its melting point is 132.7° C (271° F), and it decomposes before boiling and its chemical formula is CH4N20. Mammalian urine, milk, blood, bile, and perspiration all contain this naturally occurring chemical.
The leading nations in the market of Urea 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 forecast, 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 manufacture of rea-formaldehyde resins, adhesives, and plastics are among the principal uses of urea.
Urea is in high demand because it is widely used as a nitrogen-release fertiliser and feed additive.
Moreover, it is an essential raw ingredient in the creation of polymers. It also serves a variety of other purposes, such as stabilising nitrocellulose explosives, acting as a reagent in lanthanide chemistry, being a part of dish soap, being a component of high explosives like urea nitrate, being a part of personal care products like creams and ointments, and serving as a raw material in the manufacture of melamine.
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: From USD 722 per tonne in May to USD 593 per tonne in August 2022, the average price of imported urea fell. Urea imports decreased by 14% between April and August of this year, despite a 2% increase in sales, and more than 60 percent of the budget for fertiliser subsidies had already been used.
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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 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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