Ammonium Nitrate Prices, Trends & Forecasts | Provided by Procurement Resource

In the Asian market, Ammonium Nitrate prices initially remained stable but decreased due to falling feedstock ammonia and coal costs, despite steady demand. European prices declined due to oversupply, low ammonia prices, and weak demand. North America also experienced plummeting prices due to sluggish fertilizer industry demands, alongside falling ammonia and nitric acid prices. Overall,…

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Ammonium Nitrate Prices, Trend & Forecasts | Provided by Procurement Resource

Ammonium nitrate is a chemical compound that has the chemical formula NH₄NO₃. It contains the ions of nitrate and ammonium. It is like a white crystal-like compound in appearance. It is hygroscopic as a solid and is highly miscible in water. Ammonium Nitrate has a molecular mass of 80.043g/mol. During combustion, ammonium nitrate produces oxides…

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