# End-Users Breathe a Sigh of Relief as the Ammonia Price Trend Reversed

> Ammonia prices in Tampa fell more than 12% in one day, the largest drop since 2019, as high prices curbed industrial demand and Southeast Asian customers cut contracted volumes. Some halted European ammonia production has resumed. Prices had risen earlier in the quarter after Russia's invasion of Ukraine.

- Date: 2022-04-25 · published 2022-04-25T12:00:00.000Z
- Category: market · region Global · magnitude medium
- Page: https://feedsoft.ai/events/6215-end-users-breathe-a-sigh-of-relief-as-the-ammonia-price-trend-reversed
- Commodities: [Urea](https://feedsoft.ai/c/UREA.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A sharp ammonia correction eases nitrogen feedstock costs and points to lower urea prices, which reduces fertilizer costs for grain and feed producers.

## Read by commodity

- UREA: bearish ▼
- NATGAS: neutral

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| UREA | 2022-05-04 | 5 | -19.6% | -3.8 | The record one-day drop in Tampa ammonia and resumed European production eased nitrogen supply tightness and weakened sentiment. |
| UREA | 2022-05-02 | 5 | -18.9% | -3.6 | A sharp one-day drop in Tampa ammonia amid demand destruction and resumed European output pointed to an easing nitrogen complex, weighing on urea sentiment. |

## Sources

- chemanalyst.com: https://www.chemanalyst.com/NewsAndDeals/NewsDetails/end-users-breathe-a-sigh-of-relief-as-the-ammonia-price-trend-reversed-9681

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