Nitrogen Solutions

U.S. Gulf: The UAN market continued to be quiet, with sources saying it may be some time before new business is concluded. There were unconfirmed reports that CF is sold out into December.

Last done business was reported within the $235-$245/st ($7.34-$7.66/unit) FOB range, with East Coast vessel business at $250/mt CFR.

Eastern Cornbelt:
The UAN-28 market was steady at $250-$259/st ($8.93-$9.25/unit) FOB most terminals in Indiana and Ohio. Illinois sources pegged the UAN-32 market at $285-$295/st ($8.91-$9.21/unit) FOB in late July.

Western Cornbelt: The UAN-32 market remained at $285-$310/st ($8.91-$9.69/unit) FOB regional terminals in the Western Cornbelt, with both the upper and lower ends of the range reported in the Missouri market, depending on location. One Iowa sources pegged the dealer market solidly at the $295/st ($9.22/unit) FOB level for any available spot tons.

California: Sources pegged the low end of the UAN-32 market at $310-$320/st ($9.69-$10.00/unit) FOB import terminals in California, down slightly from last report. Delivered tons were reported in a broad range at $315-$355/st ($9.84-$11.09/unit), with the low for railed material to the Central Valley and the upper end for truck-DEL tons.

Agrium’s July 1 UAN-32 postings in California included $320/st ($10.00/unit) FOB Woodland, $325/st ($10.16/unit) FOB Richvale, $335/st ($10.47/unit) FOB West Sacramento, and $365/st ($11.41/unit) truck-DEL

Pacific Northwest: The UAN-32 market was quoted at $340-$360/st ($10.63-$11.25/unit) DEL in the Pacific Northwest, down roughly $10-$15/st from last report, with the upper end reported in Montana. The July 1 reference price FOB Kennewick, Wash., was $345/st ($10.78/unit).

Western Canada: UAN-28 was steady at $335-$350/mt ($11.96-$12.50/unit) DEL in Western Canada.