Unstable Mideast situation drives up synthetic ammonia prices by 47%

China's synthetic ammonia prices rose significantly in the first half of April, due to persistently tight supply from the Middle East, and as domestic maintenance resulted in supply shortage.

China's synthetic ammonia prices witnessed a robust growth in the first half of April, due to persistently tight supply in the Middle East under the volatile international situation, and as domestic supply was in shortage in line with planned maintenance and unexpected shutdown. The mainstream transaction prices in Shandong reached