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Urea Industry Production and Sales Trends as of November 16 Author/Source: Business News Date: 2020-11-16 Clicks: 18 On November 16, the maintenance work on the urea production equipment at Shandong Jinmei Mingshui Chemical Group Co., Ltd. was completed. The price of small-particle urea was 1,820 yuan per ton, representing an increase of 20 yuan per ton; the actual transaction price is determined through negotiation. On November 16, the urea production equipment at Yangmei Pingyuan Chemical Co., Ltd. was operating normally. Small-particle urea costs 1,820 yuan per ton; the quoted price remains stable, with the actual transaction price determined through negotiation. On November 16, 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. Small-particle urea is available at 1,800 yuan per ton in cash; the quoted price remains stable, 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 facilities are under maintenance, resulting in localized shortages of stock.