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According to the monitoring data of China Agricultural Means of Production Association (CAMPA), on November 8, China's urea wholesale price index (CNPI) was 2880.57 points, with a weekly decline of 5%, the largest weekly decline in history since the index was released, with a weekly decline of 151.32 points (equivalent to a decrease of 151.32 yuan per ton).
Affected by many factors, such as the continuous decline in the price of raw coal and the weak demand in the domestic urea market, the ex-factory price of urea has fallen sharply recently. After transmission, the circulating market price has also fallen sharply. Here, CAMPA reminds the majority of agricultural enterprises to pay close attention to the market price changes of raw materials, such as coal, scientifically study and judge the market and effectively guard against risks.