January 29th News On January 29th, Hualu Hengsheng Chemical Co., Ltd. announced the latest ex-factory price for medium-sized urea at 1,765 yuan per ton, representing an increase of 20 yuan per ton. Actual transaction prices are subject to negotiation. Chempricehub Analysis of Urea: Bull-Bear Score: +1.5 The article reports that Hualu Hengsheng has raised the ex-factory price for medium-sized urea by 20 yuan per ton to 1,765 yuan per ton, indicating tightening spot market supply or increased demand, which is favorable for urea spot prices. Combined with urea futures market data (e.g., the closing price of the 2605 contract on January 28th, 2026, was 1,799 yuan per ton, up 26 points, with high trading volume and increased open interest), this spot price increase may reinforce market bullish expectations and drive futures prices higher. Considering the combined impact of spot and futures markets, a score of +1.5 (significantly bullish) is assigned.