Synthetic ammonia market dynamics in Hubei market
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May 31, 2023, 2:14 PM
On May 31, the mainstream ex-factory price in the Hubei market was accepted at 2,730 - 2,880 yuan/ton. Local downstream demand was weak, and the maintenance time of ammonia units was approaching, resulting in a weak supply and demand relationship. Low-priced sources of goods were circulating in the market, and the overall transaction was poor.