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IHS Chemical: Prolonged disruption to Ukraine's ammonia, urea production likely to cause higher prices

12:00 PM MDT | July 10, 2014 | Francinia Protti-Alvarez

Urea and ammonia prices have not yet been impacted by production outages in Ukraine caused by disruptions to natural gas feedstock supplies from Russia, resulting from the ongoing conflict in Ukraine, IHS Chemical says. This is due to increased Chinese production and the fact that Russia is taking over some of Ukraine's urea and ammonia market share. However, if the Ukrainian plants do not restart soon, price increases will be significant, particularly for ammonia, IHS Chemical says. Western European countries such as France and Greece, as well as the United...

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