U.S. Gulf: Recent UAN barge business was put in the $230-$240/st ($7.19-$7.50/unit) FOB range last week for prompt cargoes, but sources agree that most are looking for much lower numbers for June and July. One source said wet weather in some areas is making the situation worse.
The last done business on the East Coast vessel import market was called $235-$240/mt CFR. Sources said buyers had filled up, and while prices could have gone lower, there was no need for material.
Eastern Cornbelt: UAN pricing in the Cincinnati market remained at $260-$265/st ($9.29-$9.46/unit) FOB for UAN-28 and $297-$302/st ($9.28-$9.44/unit) FOB for UAN-32. Other spot quotes last week included UAN-28 at $267/st ($9.54/unit) FOB East Liverpool, Ohio, $275/st ($9.82/unit) FOB Burns Harbor, Ind., and $280/st ($10.00/unit) FOB Toledo, Ohio.
Rail-delivered UAN-32 was pegged at $315-$325/st ($9.84-$10.16/unit) in Illinois.
Western Cornbelt: UAN-32 was reported at $295-$305/st ($9.22-$9.53/unit) FOB in the Western Cornbelt, down $5-$10/st from last report, with the low in southern Missouri and the upper end quoted in the Iowa market. A Nebraska contact pegged the dealer market commonly at the $300/st ($9.38/unit) FOB mark last week.
Southern Plains: UAN-32 was quoted at $270-$290/st ($8.44-$9.06/unit) FOB terminals and regional production points in the Southern Plains, depending on location, with the low confirmed out of Gulf Coast terminals.
South Central: The UAN-32 market was quoted at $285-$295/st ($8.91-$9.22/unit) FOB most terminals in the South Central region.
Southeast: UAN pricing continued to slip in the Southeast, fueled by a weakening import vessel market. UAN-32 was pegged at $250-$255/st ($7.81-$7.97/unit) FOB import terminals in the region, down some $10/st or more from last report, with the low quoted in Savannah, Ga., and the upper end FOB Wilmington, N.C.