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9 Oct 2023

Chart by Tavi Costa -> Ammonia prices just had the steepest monthly increase on record.

Commodity cycles typically follow a rotational pattern, and these price spikes are not isolated incidents.Oil recently rallied, gasoline prices increased, natural gas started to rise, and now ammonia looks to be initiating its move. This is an inflationary era and an unmistakable one. Source: Tavi Costa, Bloomberg

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