January 13th News On January 13th, Shandong Ruixing Chemical Co., Ltd. announced its latest ex-factory price for urea at 1,715 yuan per ton, marking an increase of 20 yuan per ton. Actual transaction prices are subject to negotiation. Chempricehub Analysis on Urea: Bull-Bear Score: 1 Shandong Ruixing Chemical Co., Ltd. raised its ex-factory urea price by 20 yuan per ton to 1,715 yuan per ton, indicating tightening spot market supply or strengthening demand, which is favorable for spot prices. Combined with the urea futures main contract 2605 settling at 1,776 yuan per ton yesterday, down by 3 yuan, the rise in spot prices may drive a rebound in futures prices, supporting market bullish expectations.