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<blockquote data-quote="Planet Bee" data-source="post: 7964973" data-attributes="member: 164085"><p>Mate. I doubt the accounts of many European Nitrate producers will show a profit for the 21/22 financial year. It looks pretty dire from what I can see across the continent.</p><p></p><p>Any monies earned whilst there was relatively cheap gas from May/June 2021 has long been spent since September last year.</p><p></p><p>More importantly, there's no fresh info on whether the domestic AN producer here has secured the necessary CO2 contracts to enable them to co-produce their principal material. Seems more likely that they'll curtail production again from the smoke signals from Westminster. </p><p></p><p>Having said that, gas prices eased a little this week. Instead of being 5 times higher, it's just 4 times the value from June last year.</p><p></p><p>Every silver lining has a cloud!</p></blockquote><p></p>
[QUOTE="Planet Bee, post: 7964973, member: 164085"] Mate. I doubt the accounts of many European Nitrate producers will show a profit for the 21/22 financial year. It looks pretty dire from what I can see across the continent. Any monies earned whilst there was relatively cheap gas from May/June 2021 has long been spent since September last year. More importantly, there's no fresh info on whether the domestic AN producer here has secured the necessary CO2 contracts to enable them to co-produce their principal material. Seems more likely that they'll curtail production again from the smoke signals from Westminster. Having said that, gas prices eased a little this week. Instead of being 5 times higher, it's just 4 times the value from June last year. Every silver lining has a cloud! [/QUOTE]
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