Stephenthomas17 Feb, 2025Business
The Ammonia Price Index Graph for Q4 2024 highlights a sharp increase in U.S. ammonia prices, reaching 646 USD/Ton in December. This surge was driven by severe supply chain disruptions, including reduced exports from Trinidad & Tobago, domestic production setbacks due to storms, and logistical bottlenecks in Canada. Additionally, periodic restocking further strained an already tight market, exacerbating price volatility. These factors made ammonia one of the most unstable commodities in late 2024.
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