Negotiations between Yara and Mosaic over the December Tampa ammonia price are set to begin next week. Latest market consensus is betting on a rollover or possible modest decline. This is on the back of the current supply outlook as currently, most plants are operating at full capacity. However, on the demand side, industrial demand continues to recover from the Covid-19 crisis, yet not at 2019 levels, and US fall ammonia direct applications have been healthy.
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