US Gulf:
Prices were reported firming to $260-$280/st ($8.13-$8.75/unit) FOB from the week-ago $250-$275/st ($7.81-$8.59/unit) FOB. Sources said prices were stair-stepping up toward $300/st FOB or higher in May.
Eastern Cornbelt:
UAN-32 was quoted down to $300-$310/st ($9.38-$9.69/unit) FOB Mount Vernon, Ind., with the latest Cincinnati, Ohio, offers reported at $305-$315/st ($9.53-$9.84/unit) FOB. The upper end of the regional market was pegged at $330-$350/st ($10.31-$10.94/unit) FOB out of spot Illinois River terminals, with the low for prompt and the upper end for 2Q shipment.
Western Cornbelt:
UAN-32 was quoted at $300-$340/st ($9.38-$10.63/unit) in the Western Cornbelt, with the low at Port Neal, Iowa. The latest offers at St. Louis included $305-$310/st ($9.53-$9.69/unit) for prompt tons and up to $325-$335/st ($10.16-$10.47/unit) FOB for April shipment.
In the Southern Plains, UAN-32 offers inched up to $290/st ($9.06/unit) FOB Verdigris and $295/st ($9.22/unit) FOB Woodward, Okla., with supplies reportedly on allocation at Woodward. “UAN values are inching higher now that sales are hitting at a better pace,” said one contact.
California:
UAN-32 in California slipped to $390-$420/st ($12.19-$13.13/unit) FOB Stockton, down $10/st from the previous high. Prices were also down $10/st at other port terminals, including $425/st ($13.28/unit) FOB Port Hueneme and $430/st ($13.44/unit) FOB West Sacramento.
Pacific Northwest:
UAN-32 was quoted at $400/st ($12.50/unit) FOB Kennewick, Wash., down $40/st from last report. Rail-DEL UAN-32 pricing in the Pacific Northwest dropped to $380-$400/st ($11.88-$12.50/unit), well below the $480-$515/st DEL range reported in early February.
Western Canada:
UAN-28 pricing was under pressure in Western Canada, with the latest offers quoted at C$450-$470/mt (C$16.07-$16.79/unit) DEL for March-April, down from C$495-$550/mt (C$17.68-$19.64/unit) DEL in early February.