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Synthetic ammonia market dynamics in Hubei market

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July 7, 2023, 5:22 PM
On July 7, the mainstream ex-factory price in the Hubei market was accepted at 2,650 - 2,730 yuan/ton, with a partial increase of 50 yuan/ton. It is reported that there are many plans to start up and increase the load of the local small phosphorus and compound fertilizer plant, and the increase in downstream demand has led to the positive acquisition of ammonia plants. There is still room for upward adjustment in the market in the short term.