Gas Station AdBlue Daily Sales Drop from 430,000 to 370,000 Liters... Demand Gradually Decreasing

Vice Minister Ki Jae: "Sufficient Supply for the Time Being Considering Excess Demand"

Lee Eok-won, the 1st Vice Minister of the Ministry of Economy and Finance, visited Lotte Fine Chemical's Hwaseong plant and Alttul Songsan Gas Station in Hwaseong, Gyeonggi Province on the 15th to inspect production and sales conditions. (Photo by Ministry of Economy and Finance)

[Sejong=Asia Economy Reporter Moon Chaeseok] The quantity of urea solution sold at gas stations has been gradually decreasing.

Lee Eokwon, the 1st Vice Minister of Strategy and Finance, visited the Lotte Fine Chemical factory in Hwaseong, Gyeonggi Province, and the Alttul Songsan Gas Station on the 15th to inspect the production and sales status of urea solution and announced this.

In the first week of this month, the sales volume of urea solution at gas stations was 376,000 liters (ℓ), down 12.6% from 430,000 ℓ in the third week of last month. Since the fourth week of last month, sales have been around 370,000 ℓ. The demand, which was temporarily concentrated at the beginning of the urea solution crisis, is gradually decreasing. On the other hand, recent daily production of urea solution has exceeded 1.3 million ℓ. The daily production on the 13th was 1.33 million ℓ, and the average for the first week of this month was 1.19 million ℓ. This is about twice the total daily consumption of 600,000 ℓ. Vice Minister Lee requested, "Considering that there is still excess demand due to the shortage of urea solution in the middle of last month, please do your best to ensure sufficient supply to the market for the time being."

He emphasized, "This urea solution crisis is a model case where companies and the government actively cooperated to overcome the crisis and quickly stabilize the market," adding, "Given the global spread of supply chain shocks due to production and logistics disruptions caused by the recent COVID-19 situation and policy changes in major countries, it is necessary to manage supply chain risks at the national level."

This content was produced with the assistance of AI translation services.