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Urea Industry Production and Sales Trends as of January 12 Author/Source: Business News Date: 2021-01-12 Clicks: 4 On January 12, 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 January 12, the maintenance of the urea production equipment at Shandong Jinmei Mingshui Chemical Group Co., Ltd. was completed. The price of small-particle urea is 1,860 yuan per ton; this price remains stable for now, with the actual transaction price being determined through negotiation. On January 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 1,850 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. Downstream demand has generally increased; in the agricultural sector, affected by the pandemic, fertilizer preparation was advanced somewhat in some areas. In the industrial sector, demand for sheets and compound fertilizer plants is increasing at a moderate pace, and retailers are showing greater enthusiasm for making purchases. On the supply side, some plants have been shut down for maintenance recently, resulting in a decline in overall production levels; as a result, market supply remains at low levels.