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Production and sales trends of urea enterprises as of March 17 Author/Source: Business Society Date: 2021-03-17 Clicks: 18 On March 17, the urea production equipment at Yangmei Pingyuan Chemical Co., Ltd. was operating normally. Small-particle urea costs 2,120 yuan per ton; the price has increased by 20 yuan per ton, with the actual transaction price being determined through negotiation. On March 17, the maintenance of the urea production equipment at Shandong Jinmei Mingshui Chemical Group Co., Ltd. was completed. The price of small-particle urea is 2,070 yuan per ton; this price remains stable for now, with the actual transaction price being determined through negotiation. On March 17, 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 2,090 yuan per ton; the price has increased by 10 yuan per ton, with the actual transaction price determined through negotiation. On the demand side: Agricultural demand is usually met as it is harvested, with limited willingness on the part of end-users to make purchases; agricultural procurement is cautious in major regions ； The operating load of downstream compound fertilizer and rubber sheet factories is fairly decent; small orders are placed when prices are low, with most operations following market trends. 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. Some of the supplies from the temporary storage facilities are being released gradually, leading to an increase in the operating capacity of urea manufacturers. Due to the gradual recovery in demand in various regions, as well as factors such as expected price increases in the printing and labeling industry, some manufacturers still remain willing to maintain high prices.