US Gulf:
NOLA UAN barge price ideas strengthened again as sources continued to report product being pumped into the export market. Barges were called $520-$540/st ($16.25-$16.88/unit) FOB.
US Imports:
July UAN imports were noted at 78,918 st, a 63.3% decrease from the year-ago 215,043 st. Russia led July imports with 39,751 st. Canada followed with 33,492 st, while 5,564 st was shipped from the Netherlands during the month.
US Exports:
UAN exports for July were counted at 155,419 st, up 89.9% from the year-ago 81,821 st.
Eastern Cornbelt:
UAN-32 terminal prices strengthened to $565-$575/st ($17.66-$17.97/unit) FOB in the Eastern Cornbelt for limited offers, up from the prior week’s $535-$565/st ($16.72-$17.66.unit) FOB range, with the low confirmed early in the week out of spot Illinois River terminals. Rail-DEL pricing in the Indiana market was pegged at the $585/st ($18.28/unit) level.
UAN-28 offers FOB Cincinnati, Ohio, were pegged in a broad range at $475-$495/st ($16.96-$17.68/unit) FOB, depending on supplier.
Western Cornbelt:
UAN-32 prices in the Western Cornbelt continued to strengthen for limited offers. Sources quoted the market at $555-$585/st ($17.34-$18.28/unit) FOB, up from the prior week’s $525-$565/st ($16.41-$17.66/unit) FOB, with the low confirmed at Port Neal, Iowa, at midweek.
New UAN-32 pricing FOB Muscatine, Iowa, was pegged in the $570-$585/st ($17.81-$18.28/unit) range, while rail-DEL offers were reported at $595-$600/st ($18.59-$18.75/unit) in Nebraska.
Northern Plains:
The latest UAN-32 offers in the region were confirmed at $580-$595/st ($18.13-$18.59/unit) FOB terminals in Minnesota, up from $570-$575/st ($17.81-$17.97/unit) FOB the week before. The UAN-28 market in North Dakota was pegged at $550/st ($19.64/unit) FOB and $555/st ($19.82/unit) DEL at mid-month.
Northeast:
UAN-32 pricing in the Northeast jumped to $525/st ($16.41/unit) FOB Baltimore, Md., for new offers. UAN-32 offers out of terminals in upstate New York were quoted at the $600/st ($18.75/unit) FOB mark, up from $550/st ($17.19/unit) FOB in late August.