U.S. Gulf:
NOLA UAN barge price ideas continued to be reported at $200-$220/st ($6.25-$6.88/unit) FOB, although others suggested the next round of trades may be in the $220-$240/st FOB range.
Eastern Cornbelt:
Sources reported the Cincinnati UAN-32 market at $250-$260/st ($7.81-$8.13/unit) FOB for spring tons on Feb. 25, with that range also catching what little spring pricing was being offered out of Illinois and Indiana terminals. The UAN-28 market was pegged at $219/st ($7.82/unit) FOB Cincinnati late in the week.
“I am sure next week will bring more clarity,” said one industry contact.
Western Cornbelt:
The UAN-32 market was quoted at $245-$260/st ($7.66-$8.13/unit) FOB in the Western Cornbelt, up $10-$15/st for limited offers, with the low confirmed at St. Louis and the high in Iowa.
California:
Sources reported significantly stronger UAN-32 prices in California, fueled by higher import costs. The market was quoted in a broad range at $270-$315/st ($8.44-$9.84/unit) FOB port terminals in the state, up from $245-$250/st FOB in early February and $195-$210/st FOB in mid-January. Sources said prices continue to firm rapidly, with some suggesting that new offers at $325-$330/st ($10.16-$10.31/unit) would be the market going forward.
Effective Feb. 17, IRM’s reference price for UAN-32 firmed to $270/st ($8.44/unit) FOB Stockton and $295/st ($9.22/unit) FOB Hanford, up from the company’s Jan. 26 reference of $245/st ($7.66/unit) FOB Stockton.
Pacific Northwest:
Higher UAN-32 prices were reported in the Pacific Northwest in late February. Sources quoted the market in a broad range at $265-$295/st ($8.28-$9.22/unit) FOB, up $20-$40/st from last report, depending on location and supplier, with rail-DEL tons pegged at $295-$300/st ($9.22-$9.38/unit).
Effective Feb. 16, IRM’s reference prices for UAN-32 firmed to $265/st ($8.28/unit) FOB Pasco, Wash., and Umatilla, Ore.; $270/st ($8.44/unit) FOB Central Ferry, Wash.; and $295/st ($9.22/unit) DEL from St. Helens, Ore., to points in eastern Oregon and Washington. Those levels were up $20-$25/st from the company’s Jan. 21 postings.
Western Canada:
The Western Canada UAN-28 market was pegged at C$385-$400/mt (C$13.75-$14.29/unit) DEL for spring tons, up another C$25-$30/mt from last report.