On July 9, the price trend of ammonium nitrate in Shandong region remained temporarily stable, with the mainstream negotiated price in the market ranging from 4,200 to 4,300 RMB/ton. Market participants operated stably in production. Recently, the upstream raw material market prices have been mainly stable, with normal supply in the market. Downstream procurement was average, and the ammonium nitrate market trend remained temporarily stable.
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