According to the Ammonium Nitrate Pricing Report, the cost of ammonium nitrate in China stood at $330 per metric ton in Q4 of 2023. Prices in the Asia Pacific region saw a decline in the following quarter, attributed to an oversupply of materials within China. This surplus was exacerbated by the National Development and Reform Commission (NDRC) of China's ongoing suspension of fertilizer exports, resulting in an abundance of material available in the market. For more details visit us: https://www.imarcgroup.com/ammonium-nitrate-pricing-report