U.S. Gulf: Not a lot appeared to be going on in the market last week, except chatter. While some argued that prices should be $5/st FOB lower than $245-$250/st ($7.66-$7.81/unit), just as many said they were $5/st higher.
Regardless, it didn’t appear that much was going at any price.
Eastern Cornbelt: Sources pegged the UAN-32 market at $288-$300/st ($9.00-$9.38/unit) FOB in the Eastern Cornbelt for fill or prompt tons, with UAN-28 quoted at $252-$265/st ($9.00-$9.46/unit) FOB in Ohio and Indiana, depending on location.
Western Cornbelt: UAN-32 remained at the $285-$295/st ($8.91-$9.22/unit) FOB level for fill or prompt tons, with the low reported in Nebraska and the upper end in the Iowa market. The upper end of the cash market was quoted at the $300/st ($9.38/unit) FOB level on a spot basis.
California: Sources said UAN-32 pricing in California was slated to drop at midweek from at least one regional supplier, moving to $345-$350/st ($10.78-$10.94/unit) FOB. Other suppliers reportedly remained in the $365-$370/st ($11.41-$11.56/unit) FOB range at the upper end, but there was little new business to test the prompt market.
Pacific Northwest: The UAN-32 market in the Pacific Northwest was reported at $345-$355/st ($10.78-$11.09/unit) rail-DEL on the low end, with truck-delivered tons quoted at $355-$365/st ($11.09-$11.41/unit) in the region.
Western Canada: UAN-28 pricing remained at $324-$330/mt ($11.57-$11.79/unit) DEL in Manitoba, $330-$333/mt ($11.79-$11.89/unit) DEL in Saskatchewan, and $333-$342/mt ($11.89-$12.21/unit) DEL in Alberta and British Columbia.