# SunSirs: The Pressure of Supply and Demand Increased, and Liquid Ammonia Fell back from a High Level This Week

> Chinese liquid ammonia prices fell during the week of October 17 to 21 as supply rose in major production areas, including Shandong and Hebei. Urea also fell 1.92% in the same week as downstream industrial demand weakened.

- Date: 2022-10-24 · published 2022-10-24T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/10123-sunsirs-the-pressure-of-supply-and-demand-increased-and-liquid-ammonia-fell
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Weak downstream demand and rising ammonia supply point to softer urea prices in China. The move is routine weekly price action with no new external cause.

## Read by commodity

- UREA: bearish ▼

## Sources

- sunsirs.com: https://www.sunsirs.com/commodity-news/petail-9044.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.