Urea production in our country is still surplus
In 2012, the country will continue to implement energy conservation and emission reduction actions, while China’s urea production is still in surplus. The total urea output will increase compared to 2011, and it is expected to be about 28.384 million tons; domestic consumption will continue to grow and is expected to be around 25.085 million tons. At that time, the ratio of urea inventory consumption will be slightly raised to 42.0%. In 2012, the country will further restrict the export of resources, and the urea export volume will also decline, which is expected to be 1.75 million tons.
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