Price Trends in the Ukrainian Ammonium Nitrate Market in H1, 2008

     Ammonium nitrate (NH4NO3) is a product with a 35% nitrogen content that, beside agricultural application, finds uses in the manufacturing of explosives including ammonite (for quarries), aquanal, and ANFO, etc. According to different estimates, this sector accounts for 15-20% of the world ammonium nitrate consumption.
     In Ukraine, ammonium nitrate is turned out by four companies: Severodonetsk Azot Association CJSC (Severodonetsk, Luhansk Region), Azot JSC (Cherkasy), Concern Stirol JSC (Horlivka, Donetsk Region), and Rivneazot JSC (Rivne). Traditionally, the demand for the product rises in early spring and in autumn.
     Our article will provide you with a comprehensive review of the performance of the Ukrainian ammonium nitrate market in H1, 2008 and give you a clear idea of price fluctuations throughout the described period.

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