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Production and sales trends of urea companies on March 10

2021-03-10View Original

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Production and sales trends of urea enterprises as of March 10 Author/Source: Business Society Date: 2021-03-10 Clicks: 15 On March 10, the urea production equipment at Yangmei Pingyuan Chemical Co., Ltd. was operating normally. Small-particle urea costs 2,050 yuan per ton; the price remains stable for now, with the actual transaction price determined through negotiation. On March 10, the maintenance of the urea production equipment at Shandong Jinmei Mingshui Chemical Group Co., Ltd. was completed. The price of small-particle urea is 2,060 yuan per ton; this price has increased by 10 yuan per ton. The actual transaction price is determined through negotiation. On March 10, 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 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 affected by rainy and snowy weather, leading to a slowdown in the sales of urea; end-users have moderate willingness to purchase, and agricultural purchases are cautious in key regions ; The operating capacity of downstream compound fertilizer and rubber sheet factories has increased, but some downstream buyers remain cautious, with a strong tendency to wait and see; most decide their actions based on market conditions. On the supply side: Currently, the operating rate of urea manufacturers is around 72.5%, with a daily production volume of about 160,000 tons, resulting in an ample supply.

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