U.S. Gulf: The most recent NOLA barge business was put in the $185-$195/st ($5.78-$6.09/unit) FOB range, with prices appearing to stair-step up each week.
Most are calling the East Coast vessel market $215/mt CFR, with quotes now at $225/mt CFR.
Eastern Cornbelt: The UAN-28 market remained in a broad range at $197-$219.80 ($7.04-$7.85/unit) FOB in the Eastern Cornbelt, with the low out of spot river locations and the upper number inland. Illinois sources continued to quote the UAN-32 market at $244.80-$246.40/st ($7.65-$7.70/unit) FOB for new business.
Western Cornbelt: The UAN-32 market remained at $240-$250/st ($7.50-$7.81/unit) FOB in the Western Cornbelt.
Southern Plains: UAN-32 supplies were described as very tight in the Southern Plains, with sources reporting that regional suppliers were not offering any tons for prompt ship and were only quoting prices for April delivery. Price levels for April tons fell in the $225-$245/st ($7.03-$7.66/unit) range FOB regional terminals, up $5-$15/st from last report, with the lower end of the range reported at Enid and Verdigris, Okla.
South Central: UAN-32 was pegged at $225/st ($7.03/unit) FOB most terminals in the South Central region, up $10-$20/st from last report.
Southeast: The UAN-32 market in the Southeast had reportedly strengthened to $215-$220/st ($6.72-$6.88/unit) FOB port terminals for March tons, up a full $30-$35/st from the low end of the range just three weeks earlier. One supplier was reportedly not extending pricing beyond March due to tight supplies and strong demand.
The low end of the regional UAN-32 range was pegged at $205/st ($6.41/unit) out of inland terminals in Georgia, with sources reporting “lots of field activity” at mid-month.