# Falling Feedstock, Low Demand Keeps UAN Prices Sustaining Downtrend in Europe and China

> UAN prices kept falling across Europe and Asia through March 2024 as ammonium nitrate and ammonia costs declined. Weak demand, cold and wet weather in northern Europe, and farmers delaying purchases added to the downward pressure.

- Date: 2024-04-12 · published 2024-04-12T12:00:00.000Z
- Category: market · region Europe · magnitude low
- Page: https://feedsoft.ai/events/31058-falling-feedstock-low-demand-keeps-uan-prices-sustaining-downtrend-in-europe
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Falling feedstock costs and weak demand are pushing nitrogen prices lower, which lowers input costs for feed grain producers. Buyers may find cheaper nitrogen in Europe and China, though the trend depends on whether demand picks up.

## Read by commodity

- UREA: bearish ▼

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/falling-feedstock-low-demand-keeps-uan-prices-sustaining-downtrend-in-europe-27324

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