UAN

US Gulf:

The NOLA barge market for UAN continued at the prior week’s $270-$280/st ($8.44-$8.75/unit) FOB range, though sources reported no new business to test the market.

Eastern Cornbelt:

The UAN-32 tightened to $310-$320/st ($9.69-$10.00/unit) FOB regional terminals, depending on location, with the low confirmed at Mt. Vernon, Ind. The Cincinnati market was pegged at $315-$320/st ($9.84-$10.00/unit) FOB, with the same range reported out of most Illinois River terminals. UAN-28 was quoted at a high of $280/st ($10.00/unit) FOB Cincinnati.

In the Great Lakes region, Michigan terminal pricing was reported at $340-$359/st ($10.63-$11.22/unit) FOB for UAN-32 and $298-$306/st ($10.64-$10.93/unit) FOB for UAN-28 in early April.

Western Cornbelt:

UAN-32 was pegged at $310-$325/st ($9.69-$10.16/unit) FOB terminals in the Western Cornbelt, depending on location and time of shipment, with the high confirmed for limited tons at St. Louis. Most Iowa terminals fell in the $315-$320/st ($9.84-$10.00/unit) FOB range in early April.

Southern Plains:

Recent UAN-32 offers in the Southern Plains firmed to $310-$320/st ($9.69-$10.00/unit) FOB for limited tons at regional terminals and production points, with some locations reportedly sold out in early April.

South Central:

UAN-32 in the South Central region narrowed to $310-$315/st ($9.69-$9.84/unit) FOB terminals for limited prompt tons.

Southeast:

UAN-32 prices in the Southeast were pegged at $280-$305/st ($8.75-$9.53/unit) FOB regional terminals for the latest offers, with the low confirmed in Georgia and the high at Wilmington. Sources quoted the Chesapeake, Va., market at the $300/st ($9.38/unit) FOB level, with reports of rail-DEL offers at $335-$338/st ($10.47-$10.56/unit) in Virginia.

France:

Prompt Rouen UAN prices saw a little bit of momentum at the end of last week, climbing to €250/mt FCA. Prices have since retreated, however, with new-season offers slipping back to €220-€225/mt FCA. Suppliers suggested about 10% market coverage for the 2024/25 season, with traders more conservatively stating that little had been done in terms of volumes.