On January 30, Hualu Hengsheng Chemical Co., Ltd. announced the latest ex-factory price for medium-sized granular urea at 1,775 yuan per ton, marking an increase of 10 yuan per ton, with actual transaction prices subject to negotiation. PriceSeek's analysis of urea indicates a bullish-bearish score of 1. The article reveals that Hualu Hengsheng has raised the ex-factory price for medium-sized granular urea by 10 yuan per ton to 1,775 yuan per ton, suggesting that suppliers in the spot market are proactively increasing prices. This reflects potential improvements in demand or cost support, which is favorable for spot prices. Coupled with the upward trend of urea futures' main contract 2605 (yesterday's closing price: 1,817 yuan per ton, settlement price: 1,814 yuan per ton, up by 3 yuan), the increase in spot prices is expected to reinforce bullish expectations in the futures market. This is particularly supportive for short-term contracts such as 2603 and 2605, driving a moderate rise in futures prices.
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