The widespread expectation of further falls in ammonia values,primarily for the Tampa February price tag,is stifling trade. Buyers buoyed by sharp price decreases in the urea market and ample ammonia supply amid limited demand are holding back from concluding deals given prospects of another drop in index prices before the month is out.Continued weakness in the global phosphates market is not helping and future cuts in DAP/MAP production could slash ammonia demand.
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