On October 22, the price trend of ammonium nitrate in the Shandong region remained stable. The mainstream transaction prices within the market were in the range of RMB 4,200–4,300 per tonne. Producers operated stably, and upstream raw material prices have been predominantly steady recently. Market supply was normal, while downstream procurement activity was moderate. Consequently, the overall market trend for ammonium nitrate remained temporarily stable.
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