U.S. Gulf: UAN and ammonium nitrate were starting to follow urea last week, but certainly not by the leaps and bounds seen in the urea market itself.
Most were now calling UAN $270-$275/st ($8.44-$8.59/unit) FOB, saying any significant price movement for the product would only come when internal inventories start to be depleted.
Eastern Cornbelt: The UAN market was pegged at $10.50-$10.89/unit FOB regional terminals, with the low FOB the Cincinnati market. Ohio sources pegged the E. Liverpool market at the $10.75/unit FOB level in early March.
Rail-delivered UAN-32 was pegged in the $330-$340/st ($10.31-$10.63/unit) range in the Ohio and Indiana markets.
Western Cornbelt: The UAN-32 market remained at $339.20-$345/st ($10.60-$10.78/unit) FOB most terminals in the Western Cornbelt. An Iowa contact quoted retail UAN pricing in the $380-$410/st ($11.88-$12.81/unit) range last week.
Northern Plains: UAN pricing in the Northern Plains was tagged at $10.78-$11.25/unit FOB regional terminals. Delivered UAN-28 was pegged in the $355-$365/st ($12.68-$13.04/unit) range in North Dakota, with the low for prompt and the upper end for prepay tons.
Northeast: Sources pegged the UAN-32 market at $308-$315/st ($9.63-$9.84/unit) FOB Baltimore, Md., last week, with the Savannah, Ga., market quoted at the $310/st ($9.69/unit) FOB mark. Some maintained that spot loads could still be pulled out of the Baltimore market for as low as $285/st FOB as UAN-30 ($9.50/unit) and $298/st FOB as UAN-32 ($9.31/unit), but others discounted those numbers.
Out of terminals in upstate New York, the UAN-32 market had reportedly slipped to $345-$350/st ($10.78-$10.94/unit) FOB.
The UAN vessel market was reported in the upper $290s/mt CFR for new quotes.
Eastern Canada: UAN-28 was pegged in the $355-$365/mt ($12.68-$13.04/unit) FOB range in Eastern Canada last week, down slightly from last report. One Ontario contact quoted the UAN-32 market at $407/mt ($12.72/unit) FOB in his trade area.