February 12th News On February 12th, Shandong Hualu Hengsheng Chemical Co., Ltd. announced the latest ex-factory price for medium-sized urea at 1,805 yuan/ton, representing an increase of 10 yuan/ton. Actual transaction prices are subject to negotiation. Chempricehub Analysis of Urea: Bull-Bear Score: +1 Shandong Hualu Hengsheng Chemical Co., Ltd. raised the ex-factory price of medium-sized urea by 10 yuan/ton to 1,805 yuan/ton, reflecting tight spot market supply or increased demand. This adjustment directly benefits urea spot prices and may drive market transaction prices upward. Combined with the latest urea futures market data, the main contract 2605 closed at 1,797 yuan/ton on February 11th, 2026, up by 2.00 yuan. Trading volume reached 115,177 lots, and open interest increased by 5,288 lots, indicating strong upward momentum. This news of the spot price increase may further boost expectations in the futures market, strengthen bullish sentiment, and drive futures prices to continue their upward trend. Therefore, the score is rated as a moderate positive +1, based on the moderate increase in spot prices and futures data supporting the bullish trend.