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Production and sales trends of urea enterprises as of March 3 Author/Source: Business Society Date: 2021-03-03 Clicks: 28 On March 3, the urea production equipment at Yangmei Pingyuan Chemical Co., Ltd. was operating normally. Small-particle urea costs 2,160 yuan per ton; the price has dropped by 40 yuan per ton, with the actual transaction price determined through negotiation. On March 3, 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 2,170 yuan per ton; this price remains stable for now, with the actual transaction price being determined through negotiation. On March 3, Shandong Ruixing Chemical Co., Ltd., which has an annual urea production capacity of 1.6 million tons, currently produces around 5,000 tons per day. The spot price for small-particle urea is 2,180 yuan per ton; the quote remains stable for now, with the actual transaction price determined through negotiation. On the demand side: Agricultural demand is gradually increasing, with end-users showing a growing willingness to make purchases; however, agricultural purchasing remains cautious in key regions ； The operating capacity of downstream compound fertilizer and rubber sheet factories has increased, but some downstream buyers remain cautious in their purchases; most follow market trends. There is potential demand in the industrial sector in the future. On the supply side: At present, the operating rate of urea manufacturers is around 72.5%, with a daily production volume of about 160,000 tons; thus, there is little pressure on manufacturers to sell their products. As logistics and transportation gradually recover, the inventory accumulated during the holidays is also decreasing.