Event information
Announcement of the market price of Nova automotive urea in August 2011
Nova Automotive Urea Price Announcement for August 2022
To Dear Partners of Distribution Gas Stations
After the mainland strengthens export controls, it will take about 4-5 months to deliver from order placement to export. Fortunately, Nova has adopted a multi-country decentralized procurement model to obtain sufficient supply and avoid the recurrence of the material shortage/outage crisis. Unfortunately, compared with raw materials from mainland China, raw materials from other Asian countries are more expensive. However, in order to maintain price stability, Nova decided to continue to subsidize the hard work of transportation operators and maintain the price at 19.8 yuan/L (tax included) to support the majority of urea truck users.
Sincerely, Chairman and General Manager Yang Lianzhi
To Dear Partners of Distribution Gas Stations
After the mainland strengthens export controls, it will take about 4-5 months to deliver from order placement to export. Fortunately, Nova has adopted a multi-country decentralized procurement model to obtain sufficient supply and avoid the recurrence of the material shortage/outage crisis. Unfortunately, compared with raw materials from mainland China, raw materials from other Asian countries are more expensive. However, in order to maintain price stability, Nova decided to continue to subsidize the hard work of transportation operators and maintain the price at 19.8 yuan/L (tax included) to support the majority of urea truck users.
Sincerely, Chairman and General Manager Yang Lianzhi