January 27th News: On January 27th, Shandong Ruixing Chemical Co., Ltd. announced the latest ex-factory price of urea at 1,740 yuan/ton, representing an increase of 10 yuan/ton. Actual transaction prices are subject to negotiation. Chempricehub analysis of urea: Bullish-Bearish Score: 1.5. The ex-factory price of urea from Shandong Ruixing Chemical has been raised by 10 yuan/ton to 1,740 yuan/ton, indicating tight supply or increased demand in the spot market, which is favorable for spot prices. Considering recent trends in urea futures contracts (such as the Zhengzhou Commodity Exchange contract 2610 closing at 1,764 yuan/ton with a change of +5.00, and contract 2701 closing at 1,769 yuan/ton with a change of +3.00), the rise in spot prices may further drive expectations for higher futures prices, reinforcing the short-term bullish trend.