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Urea Industry Production and Sales Trends as of December 9th Author/Source: Business Society Date: 2020-12-09 Clicks: 4 On December 9th, 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 1,800 yuan per ton; this price remained stable, with the actual transaction price being determined through negotiation. On December 9, the urea production equipment at Yangmei Pingyuan Chemical Co., Ltd. was operating normally. Small-particle urea costs 1,830 yuan per ton; the price has increased by 10 yuan per ton, with the actual transaction price determined through negotiation. On December 9, 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 1,800 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 stock.