On November 3, the price trend of ammonium nitrate in Shandong Province remained stable. The mainstream transaction prices within the market ranged from RMB 4,200 to 4,300 per ton. Suppliers maintained stable production operations, and upstream raw material prices have largely remained steady recently. Market supply was normal, while downstream procurement activities were moderate. Consequently, the overall market trend for ammonium nitrate remains temporarily stable.
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