December 30th News On December 30th, the latest ex-factory price for medium-sized granular urea from Hualu Hengsheng Chemical Co., Ltd. was 1,695 yuan/ton, a decrease of 20 yuan/ton, with actual transaction prices subject to negotiation. Chempricehub Analysis of Urea: Bull-Bear Score: -1 The article indicates that the ex-factory price for medium-sized granular urea from Hualu Hengsheng has been lowered from 1,715 yuan/ton to 1,695 yuan/ton, a decrease of approximately 1.17%. This suggests ample supply or weak demand in the spot market, exerting bearish pressure on urea spot prices in the short term and potentially dampening traders' purchasing enthusiasm. Combined with the urea futures market, the main contract 2605 (closing price on December 29th: 1,735 yuan/ton, settlement price: 1,735 yuan/ton, change: 0.00) is approaching delivery. The decline in spot prices may lower the benchmark price for futures, leading to bearish sentiment in the futures market. Changes in open interest indicate that some investors are reducing their positions, which could exacerbate short-term downside risks. A score of -1.0 reflects a generally bearish impact. Although the magnitude has not reached a significant level, caution is advised regarding the price transmission effect.