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Urea Industry Production and Sales Trends as of December 29 Author/Source: Business Society Date: 2020-12-29 Clicks: 26 On December 29, the urea production equipment at Yangmei Pingyuan Chemical Co., Ltd. was operating normally. Small-particle urea costs 1,850 yuan per ton; the price remains stable for now, with the actual transaction price determined through negotiation. On December 29, the maintenance work on the urea production equipment at Shandong Jinmei Mingshui Chemical Group Co., Ltd. was completed. The price of small-particle urea is 1,830 yuan per ton; this price remains stable for now, with the actual transaction price being determined through negotiation. On December 29, 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 1,820 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 remains weak overall. Affected by efforts to control air pollution, the operating rate of panel manufacturing plants continues to decline. Downstream compound fertilizer manufacturers make limited purchases, while the agricultural sector inquires about prices. Industry players are cautious about sources offering high prices and are not engaging in large-scale stockpiling.