The new fertilizer plant in Ain Sokhna is expected to produce up to 440,000 tons of ammonia
Read more: New fertilizer complex to be completed in Egypt by the end of the year
As of the weekend, the market price of ammonium nitrate was CNY 4,200 per ton, down 4.11 percent from the price of CNY 4,380 per ton at the beginning of the week
The domestic production price of nitric acid was CNY 2,683 per ton on August 5 and CNY 2,533 per ton on August 12
Domestic ammonium nitrate pricing trend is temporarily steady
The market price of ammonium nitrate was CNY 4,380 per ton, down 5.81 percent from CNY 4,650 yuan per ton at the beginning of the week