Core Viewpoint - The industry is experiencing an oversupply situation, which is significantly suppressing prices, with future production plans expected to continue this trend [1] Group 1: Industry Environment - The current industry environment is characterized by oversupply, leading to a notable downward pressure on prices [1] - There are ongoing production plans that will contribute to the oversupply situation in the long term [1] Group 2: Market Dynamics - Despite the oversupply, there is strong support for prices due to macro policy expectations and the cost bottoming out from the ammonium carbonate method [1] - The upstream concentration results in high supply elasticity, contributing to a wide fluctuation in market prices [1] Group 3: Strategic Recommendations - Production companies and futures traders are advised to manage their operations by taking advantage of high price points for hedging [1] - Future attention should be directed towards raw material trends and the emotional fluctuations triggered by recent events [1]