U.S. Gulf:
The NOLA UAN barge price continued to be referenced in the $545-$550/st ($17.03-$17.19/unit) FOB range for loading through February. Sources noted March barges pressing closer to $560/st ($17.50/unit) FOB.
U.S. Imports:
Imports of UAN were off 5.2 percent for October, to 203,901 st from the year-ago 215,068 st. July-October imports stood at 889,549 st, however, up 10.6 percent from the year-ago 804,517 st.
Russia topped the list for July-October at 384,062 st, falling 4.2 percent from the year-ago 401,066 st. Trinidad and Tobago sent 354,504 st, up 17.6 percent from 301,475 st for the prior-year period, while tons sourced from Canada totaled 116,201 st, up 35.1 percent from 86,029 st in 2020.
U.S. Exports:
UAN exports totaled 2,425 st in October, off 87.4 percent from the year-ago 19,305 st. July-October exports were reported at 266,317 st, down 24.4 percent from the prior-year 352,261 st.
Eastern Cornbelt:
UAN-32 pricing was pegged at $590-$610/st ($18.44-$19.06/unit) FOB regional terminals for prompt tons, with spring offers reported at $625-$630/st ($19.53-$19.69/unit) FOB. The UAN-28 market at Cincinnati was reported at $521-$525/st ($18.61-$18.75/unit) FOB for prompt and $550/st ($19.64/unit) FOB for spring prepay.
Western Cornbelt:
The UAN-32 market was unchanged at $590-$620/st ($18.44-$19.38/unit) FOB in the Western Cornbelt for the last prompt tons, with Q1 offers quoted in the $610-$630/st ($19.06-$19.69/unit) range, depending on location.
California:
The UAN-32 market remained at $650-$660/st ($20.31-$20.63/unit) FOB terminals in California, with reports of $655/st ($20.47/unit) rail-DEL deals also done for February shipment.
Pacific Northwest:
The UAN-32 market was pegged at $648-$685/st ($20.25-$21.41/unit) FOB regional terminals in the Pacific Northwest, with the upper end reflecting the posted price FOB Kennewick, Wash. Sources also confirmed rail-DEL offers at the $648/st ($20.25/unit) level in mid-December.
Western Canada:
UAN-28 pricing firmed to C$775-$785/mt (C$27.68-$28.04/unit) DEL in Western Canada for spring tons, up C$5/mt at the high end of the range.