February 27th News On February 27th, the latest ex-factory price of medium-sized urea from Hualu Hengsheng Chemical Co., Ltd. was quoted at 1,815 yuan per ton, remaining stable, with actual transactions subject to negotiation. Chempricehub's analysis of urea shows a bearish score of -1. The spot price of urea remains steady, with Hualu Hengsheng's ex-factory quotation at 1,815 yuan per ton, indicating a balanced supply and demand in the current market with no significant fluctuations, which has a neutral impact on spot prices. However, futures market data reveals that major contracts, such as the 2605 contract, closed at 1,836 yuan per ton, down by 9 yuan, with trading volume reaching 123,442 lots. Changes in open interest indicate an increase in bearish sentiment in the market, suggesting expectations of future oversupply or weak demand, which exerts a generally bearish influence on futures prices. Considering the stability in spot prices and the downward trend in futures, the overall market outlook is rated as generally bearish.