December 29th News On December 29th, the latest ex-factory quotation for urea from Shandong Ruixing Chemical Co., Ltd. was 1,680 yuan/ton, with a price decrease. Actual transactions are subject to negotiation. Chempricehub Analysis of Urea, Bull-Bear Score: -1.5 Shandong Ruixing Chemical's ex-factory urea quotation has been lowered to 1,680 yuan/ton, indicating ample supply or weak demand in the spot market, which is bearish for spot prices. Combined with the closing price of urea futures main contract 2605 (data as of December 26, 2025) at 1,735 yuan/ton, the price decline and reduced open interest reinforce bearish expectations. Futures prices may face further downward pressure.