U.S. Gulf:
After much anticipation, UAN barge prices moved down during the week, with a large quantity of product reported to have traded at the $145/st ($4.53/unit) FOB level, down from the earlier $150-$155/st ($4.69-$4.84/unit) FOB. There were unconfirmed reports of $140/st FOB, as well.
East Coast vessel pricing remained at $155-$160/mt CFR.
U.S. Imports:
UAN imports surged 116 percent in September, to 207,640 st from the year-ago 96,010 st. July-September imports were up 40 percent, to 726,226 st from the year-ago 519,029 st.
U.S. Exports:
September UAN exports were down 63 percent, to 53,253 st from the year-ago 143,086 st. July-September exports were off 38 percent, to 324,925 st from 520,542 st.
Eastern Cornbelt:
The UAN-32 market was unchanged at $185-$205/st ($5.78-$6.41/unit) FOB regional terminals in the Eastern Cornbelt, depending on location, with the low confirmed at Cincinnati and Mount Vernon, Ind., and the high reported for brokered tons out of spot Illinois River terminals. UAN-28 pricing FOB Cincinnati was steady at $160-$162/st ($5.71-$5.79/unit) FOB.
Western Cornbelt:
UAN-32 remained at $185-$210/st ($5.78-$6.56/unit) FOB in the Western Cornbelt, with the low reported at St. Louis and the upper end out of spot Iowa terminals for November-February shipment.
Northern Plains:
UAN-32 was quoted at a nominal $200-$215/st/st ($6.25-$6.72/unit) FOB in the Minnesota market, while North Dakota sources reported limited delivered UAN-28 offers as high as $230-$235/st ($8.21-$8.39/unit) to central and western areas of the state.
Great Lakes:
UAN-28 was quoted at $185-$197/st ($6.61-$7.04/unit) FOB in the Great Lakes region, largely unchanged from last report, with Michigan terminal generally pegged in the $190-$197/st ($6.79-$7.04/unit) FOB range at mid-month.
Northeast:
The UAN-32 market in the Northeast was pegged at $170-$175/st ($5.31-$5.47/unit) FOB Baltimore, Md., in mid-November, down $5-$10/st from last report. Pricing out of terminals in upstate New York was quoted at the $219/st ($6.84/unit) FOB level, reflecting a $5/st drop.