U.S. Gulf:
NOLA UAN barge prices were hard to gauge, with the market quickly running up and most reports limited to forward business. The most recent business was quoted in the $148-$155/st ($4.63-$4.84/unit) FOB range, with price ideas for the next round of business put as high as $165/st FOB, if not higher.
Eastern Cornbelt:
UAN-32 pricing started the week at $190-$200/st ($5.94-$6.25/unit) FOB terminals in Illinois, Indiana, and Ohio, depending on location and time of delivery.
On Jan. 21, however, another posted increase from CF pushed reference prices up to $210/st ($6.56/unit) FOB Peru, Ill., $213/st ($6.66/unit) FOB Mount Vernon, Ind., and $215/st ($6.72/unit) FOB Cincinnati, Ohio. Other wholesale suppliers were reportedly offering March tons at $212/st ($6.63/unit) FOB Peru and April-June tons at $217/st ($6.78/unit) FOB LaSalle, Ill., as the week progressed.
“The markets have gone up very quickly, but customers continue to buy tons,” said one regional UAN contact.
Western Cornbelt:
The UAN-32 market was quoted at $193-$215/st ($6.03-$6.72/unit) FOB Western Cornbelt terminals, with the low confirmed early in the week at St. Louis and the upper end reported at Port Neal as of Jan. 20.
UAN-32 pricing in Oklahoma was also up, with new postings as of Jan. 20 quoted at $180/st ($5.63/unit) FOB Verdigris and $185/st ($5.78/unit) FOB Woodward.
Northern Plains:
The UAN-32 market reportedly surged at midweek to $245/st ($7.66/unit) FOB Winona, Minn., for tons shipped now through June, up roughly $20/st from the previous level, and a full $55/st higher than December pricing levels.
Great Lakes:
Wisconsin sources pegged the UAN-32 market at $225-$245/st ($7.03-$7.66/unit) FOB as the week progressed. Michigan terminal pricing for UAN-28 was quoted at $205-$224/st ($7.32-$8.00/unit) FOB at midweek, up some $40-$50/st from early December, with the low confirmed at Bay City for prompt tons and the high at Webberville for prompt or prepay.
Other spot quotes for UAN-28 in mid-January included $210/st ($7.50/unit) FOB Coldwater, Mich., for prompt; $213/st ($7.61/unit) FOB Burns Harbor, Ind., for prepay; $214/st ($7.64/unit) FOB Maumee for prompt or prepay; and $222/st ($7.93/unit) FOB Muskegon, Mich., for prompt or prepay.
Northeast:
UAN-32 pricing was quoted at $180-$185/st ($5.63-$5.78/unit) FOB Baltimore, Md., early in the week, up $20/st from early January, but sources said the market there firmed again to $190-$195/st ($5.94-$6.09/unit) FOB later in the week.
Out of terminals in upstate New York, the UAN-32 market was quoted at $245/st ($7.66/unit) FOB, up $30/st from last report.