U.S. Gulf:
NOLA barges continued to be quoted at around $300/st ($9.38/unit) FOB. East Coast vessel business remained at $345-$350/mt CFR.
U.S. Imports:
July-February UAN imports were noted at 1.52 million st, falling 24.4 percent from the year-ago 2.01 million st. February imports dipped 37.1 percent, to 176,413 st from 280,483 st in the prior year.
U.S. Exports:
UAN exports softened 15.8 percent for July-February, to 557,951 st from the year-ago 662,893 st. February totals were off 29.7 percent, to 34,398 st from the year-ago 48,930 st.
Eastern Cornbelt:
The UAN-32 market remained at $325-$345/st ($10.16-$10.78/unit) FOB in the Eastern Cornbelt, depending on location, with the low at Mount Vernon, Ind., and the high at Burns Harbor, Ind.
Sources pegged the Cincinnati market at $330-$332/st ($10.31-$10.38/unit) for UAN-32 and $287-$291/st ($10.25-$10.39/unit) FOB for UAN-28, although supplies were described as tight in early April.
Western Cornbelt:
The UAN-32 market remained at $325-$345/st ($10.16-$10.78/unit) FOB for prompt tons in the Western Cornbelt, with the low at St. Louis and the high at Hastings, Neb. Reference pricing for May-June shipment remained at $340/st ($10.63/unit) FOB Fort Dodge, Iowa, and $345/st ($10.78/unit) FOB Sergeant Bluff.
California:
The UAN-32 market was pegged at $350-$370/st ($10.94-$11.56/unit FOB port terminals in California, with rail-DEL offers quoted at $365-$385/st ($11.41-$12.03/unit) on a spot basis for tons pulled through June.
Pacific Northwest:
The UAN-32 market remained at $385/st ($12.03/unit) FOB Pasco, Wash., and Umatilla, Ore., and $390/st ($12.19/unit) FOB Central Ferry, Wash. Sources reported limited DEL pricing at $430/st ($13.44/unit) in eastern Oregon and Washington, but some suppliers had reportedly pulled rail-DEL offers until June.
Western Canada:
The Western Canada UAN-28 market was pegged at C$425-$430/mt (C$15.18-$15.36/unit) DEL for limited offers, with the low reported in Saskatchewan.