[Synthetic ammonia] Synthetic ammonia market trends in Southwest China
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November 1, 2023, 11:53 AM
On November 1, the synthetic ammonia market in Southwest China temporarily stabilized and waited. Some urea failures in Sichuan, liquid ammonia increased, company supply increased, and part of the downstream Longpython ammonium phosphate plant was stopped. Under the weak supply and demand, the market mentality changed, and company reports were temporarily stable. However, the transaction of new orders was not good, and there was a decline expected. Other regions mostly focus on temporary stability and issue early orders.