Nitrogen Solutions

U.S. Gulf: Like other fertilizer products, nitrogen solutions were a little lower last week than the previous week. While the bottom of the UAN range remained steady at $270/st FOB, the top of the range fell $5/st FOB, to $285/st FOB from $290/st FOB during the previous week.

UAN imports were up 3 percent in November, to 398,087 st from the year-ago 384,817 st. However, they were up 43 percent for the July-November period, to 1.57 million st from 1.1 million st.

Eastern Cornbelt: The UAN market was tagged at $10.50-$10.89/unit FOB regional terminals for prompt tons, with rail-delivered UAN-32 quoted in a broad range at $335-$355/st ($10.47-$11.09/unit) in Indiana and Ohio.

Western Cornbelt: Sources quoted the market for UAN-32 in the $339.20-$345/st ($10.60-$10.78/unit) range FOB Western Cornbelt terminals, although dealer reference levels from some suppliers remained as high as $370/st ($11.56/unit) FOB in the region at mid-month.

California:
Sources said dealer reference levels for UAN-32 in California were as high as $375-$378/st ($11.72-$11.81/unit) FOB, but sources confirmed that deals could be done in the $345-$365/st ($10.78-$11.41/unit) FOB range at mid-month. Rail-delivered UAN-32 was pegged in the $350-$370/st ($10.94-$11.56/unit) range.

Pacific Northwest: UAN-32 was quoted at $390-$400/st ($12.19-$12.50/unit) DEL in the Pacific Northwest. Sources said reference levels from some regional suppliers were still as high as $425/st ($13.28/unit) DEL.

Western Canada: The UAN-28 market was pegged at $420-$435/mt ($15.00-$15.54/unit) DEL in Western Canada, with the low reported in Manitoba and the upper end in the Alberta market.