US Gulf:
NOLA UAN barge price ideas continued to erode. Values were called $500-$510/st FOB ($15.63-$15.94/unit), down from the week-ago $510-$525/st FOB ($15.94-$16.41/unit).
Eastern Cornbelt:
UAN terminal pricing was also under pressure in the Eastern Cornbelt. New UAN-28 offers FOB Cincinnati were confirmed in a broad $446-$480/st ($15.93-$17.14/unit) FOB range, down from $498.75/st ($17.81/unit) at last report.
UAN-32 pricing was generally pegged at $550-$580/st ($17.19-$18.13/unit) FOB in the region, depending on location, but some sources said sellers appear open to offers.
Western Cornbelt:
The UAN-32 market was quoted at $550-$580/st ($17.19-$18.13/unit) FOB in the Western Cornbelt, with the low reported in Iowa and the high in Missouri.
Northern Plains:
The UAN-32 market was pegged at $590-$600/st ($18.44-$18.75/unit) FOB Minnesota terminals for the last offers. UAN-28 pricing in North Dakota was quoted at $515/st ($18.39/unit) FOB in early December, down from the previous $530/st ($18.93/unit) FOB level, with delivered offers reported at $580/st ($20.71/unit) for Canadian tons.
Northeast:
UAN-32 pricing in the Northeast was pegged at $592-$595/st ($18.50-$18.59/unit) FOB Baltimore, Md. Offers out of terminals in upstate New York firmed to $640/st ($20.00/unit) FOB, up $20/st from mid-November.
Eastern Canada:
The UAN-28 market was steady at C$875-$935/mt ($31.25-$33.39/unit) FOB in Eastern Canada, with UAN-32 offers confirmed at the C$1,000/mt (C$31.25/unit) FOB level on a spot basis in Ontario. “Pricing south of the border on UAN is around US$580/st for 32%, but we have no availability here for same,” commented one Ontario contact.