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Secure upstream ammonia and nitric acid feedstock expenditures preserved production Price tag benchmarks, though balanced inventory positions amongst key distributors limited any important pricing fluctuation.
Declining normal gasoline prices, a essential input in ammonia production, considerably lowered manufacturing Price tag floors through the region. On top of that, heightened Competitiveness from imported CAN provides from North African and Eastern European exporters exerted persistent downward force on prevailing current market valuations through the entire quarter.
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Increasing upstream ammonia and nitric acid feedstock expenditures elevated output fees for regional manufacturers, furnishing incremental pricing support. Tightened supply disorders, driven by managed output output to fulfill environmental compliance rules, further more constrained regional availability.
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