Domestic urea** is the first chemical fertilizer ** variety in China, which was successfully listed on the Zhengzhou Commodity Exchange on August 16, 2019. The introduction of urea ** has had a significant impact on the agricultural materials market, not only providing an effective risk management tool for China's fertilizer industry, but also opening up a new investment channel for investors.
Trading hours for Urea** are 9:00-11:30 a.m. (15-minute break from 10:15-10:30), 1:30-3:00 p.m., and other trading hours set by the Exchange. Normally, night trading will be suspended during statutory holidays, and night trading will resume after the holidays.
The subject matter of urea** is urea fertilizer, and the trading unit is 10 tons per lot. The delivery months of this ** contract are January, March, May, July, September and November, and physical delivery is carried out.
The development of urea is affected by a number of factors, including the supply and demand of urea markets at home and abroad, the policy environment of the fertilizer market, and the global economic environment. For example, when the urea market enters the off-season, it is often the case, and when the peak season of crop fertilization arrives, the demand for urea in the market increases.
The listing of domestic urea ** is of great significance to China's fertilizer industry. It not only provides an effective risk management tool for the fertilizer industry, but also provides a new investment channel for investors. At the same time, the listing of urea ** will also help promote the healthy development of China's fertilizer industry and enhance the degree of marketization.
In general, the listing of domestic urea as China's first fertilizer variety has an important impact on the agricultural materials market. Its trading hours are 9:00-11:30 a.m. (10:15-10:30 15-minute break), 1:30-3:00 p.m. and other trading hours specified by the exchange. Urea is affected by a variety of factors, including the supply and demand of urea markets at home and abroad, the policy environment of the fertilizer market, and the global economic environment.