Production and sales trends of urea companies on November 12

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Urea Industry Production and Sales Trends as of November 12 – Author/Source: Business Society; Date: 2020-11-12; Clicks: 27. On November 12, the urea production equipment at Shandong Jinmei Mingshui Chemical Group Co., Ltd. was repaired. The price of small-particle urea was 1,800 yuan per ton; this price remains stable for now, with the actual transaction price determined through negotiation. On November 12, the urea production equipment at Yangmei Pingyuan Chemical Co., Ltd. was operating normally. Small-particle urea costs 1,800 yuan per ton; the quote remains stable for now, with the actual transaction price determined through negotiation. On November 12, Shandong Ruixing Chemical Co., Ltd. has an annual urea production capacity of 1.6 million tons, with a current daily production of around 5,000 tons. The spot price for small-particle urea is 1,790 yuan per ton; the quote remains stable for now, with the actual transaction price determined through negotiation. 　　Upstream liquid ammonia has been trading at high levels recently, with strong cost support. Domestic demand is fairly good; agricultural demand is increasing in some areas, while industrial demand adjusts according to market conditions, with purchases being made as needed. On the supply side, some units are under maintenance, resulting in localized shortages of inventory.