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Production and sales trends of urea enterprises as of August 27 Author/Source: Business Society Date: 2021-08-27 Clicks: 3 On August 27, the urea production facilities of Shandong Ruixing Chemical Co., Ltd. were operating normally, with an annual urea production capacity of 1.6 million tons; currently, the daily production is around 5,000 tons. The spot price for small-particle urea is 2,750 yuan per ton; the quoted price remains stable, with the actual transaction price determined through negotiation. Prices of upstream coal and liquefied natural gas have risen slightly recently, providing strong cost support. From the demand side: transactions are mainly driven by essential needs; agricultural demand is average, while industrial demand is normal ； The operation rates of downstream compound fertilizer and plywood factories are low, while the operating load rate of melamine manufacturers remains high; these companies generally purchase materials as needed and only increase purchases when prices are low. On the supply side, urea is entering a period of lower demand in the agricultural sector. Companies that had been undergoing maintenance have gradually resumed production, with a daily output of around 155,000 tons, which represents an increase; however, new orders are not coming in as smoothly, resulting in increased pressure to ship goods. Overall, urea costs are seeing increased support, downstream demand is weakening, and urea supply is slowing down.