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Urea Industry Production and Sales Trends as of November 18 Author/Source: Business Society Date: 2020-11-18 Clicks: 21 On November 18, 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; this price remained stable, with actual transaction prices being determined through negotiation. On November 18, the urea production equipment at Yangmei Pingyuan Chemical Co., Ltd. was operating normally. Small-particle urea costs 1,820 yuan per ton; the price remains stable for now, with the actual transaction price determined through negotiation. On November 18, 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 decent; agricultural demand is increasing in some areas, while industrial demand adjusts according to market conditions, with purchases made as needed. On the supply side, some units are under maintenance, resulting in localized shortages of inventory.