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[Synthetic ammonia] Hubei market synthetic ammonia market dynamics

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October 31, 2023, 11:53 AM
On October 31, the mainstream ex-factory price in the Hubei market was accepted at 4,050 - 4,150 yuan/ton, and was partially lowered by 50-150 yuan/ton. In the early stage, the mainstream price was too high, and downstream resistance gradually increased. After the ammonia plant received poor orders, the price was under pressure and lowered. There is still room for downward adjustment in the short term.