Ammonia prices continue to nosedive east of Suez with suppliers taking opportunities to dispose of length as and when they can. Prices further west will undoubtedly follow suit as ample supply continues to overwhelm demand. An apparent unwillingness on the part of producers worldwide to curtail output in response to ever lower prices prevails, with a steady inflow of cash seemingly a higher priority as countries grapple with the effects, and after-effects, of Covid-19.
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