Arrival of 5,500 Tons of Vietnamese Urea Solution... "Delivery to Urea Solution Manufacturing Plant"

Government-Secured Third-Country Element Supplies Arriving One After Another

The government has begun unloading 5,500 tons of urea imported from Vietnam. The government has announced that it has secured about seven months' worth of stock by additionally procuring vehicle urea and urea solution.

On the 17th, the Ministry of Economy and Finance and the Ministry of Trade, Industry and Energy announced that among the additionally secured stock, 5,500 tons of urea (about 0.9 months' worth) imported from Vietnam arrived at Ulsan Port Pier 2 the previous day and unloading has started. The Korea Customs Service is supporting expedited clearance for this shipment, and the delivery to urea solution manufacturing plants is also proceeding smoothly.

The unloading of 5,500 tons of urea imported from Vietnam at Ulsan Port on the 16th.
[Photo by Ministry of Economy and Finance]

The government plans to actively support the smooth import of contracted quantities from third countries such as Vietnam, Japan, and Saudi Arabia, which are scheduled to arrive sequentially in Korea, to ensure stable supply and demand of urea solution domestically. It plans to import 460 tons this month, 12,150 tons next month, and 14,000 tons in February next year.

Additionally, the Public Procurement Service plans to release 1,930 tons of vehicle urea currently in stock based on demand surveys from manufacturers. The government explained that urea solution is being sold normally at 97% of gas stations, and those gas stations without stock have a low sales proportion.

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