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Synthetic ammonia market dynamics in Hubei market

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July 4, 2023, 2:10 PM
On July 4, the mainstream ex-factory price in the Hubei market was accepted at 2,550 - 2,700 yuan/ton, with a partial increase of 100 yuan/ton. The recovery time of some local maintenance equipment is yet to be determined. However, downstream phosphorus compound fertilizers are expected to start construction and improve in the later period, and manufacturers are in good condition in the short term. There is room for growth in the mainstream.