U.S. Gulf: UAN barges were continuing to see strength, though not at the leaps and bounds often seen by urea. New trades were put in the $280-$290/st ($8.75-$9.06/unit) FOB range, with new quotes at $295/st ($9.22/unit) FOB plus.
UAN imports were off 51 percent in January, to 210,521 st from the year-ago 433,467 st. However, July-January imports are actually up 6 percent, to 2.08 million st from 1.97 million st.
Eastern Cornbelt: The UAN market was steady at $10.50-$10.89/unit FOB Eastern Cornbelt terminals, with the low FOB Cincinnati. Rail-delivered UAN-32 was quoted as low as $330-$340/st ($10.31-$10.63/unit) in the Ohio and Indiana markets.
Western Cornbelt: UAN-32 remained at $339.20-$345.60/st ($10.60-$10.80/unit) FOB most terminals in the Western Cornbelt region. Several contacts quoted the common dealer price at the $340/st ($10.63/unit) FOB mark last week.
Southern Plains: The UAN-32 market was reported in the $325-$345/st ($10.16-$10.78/unit) FOB range in the region, with the low out of production points and the upper end offered from resellers in the Kansas market. Sources talked of tight UAN supplies as well. “Today we have manufacturers on allocation,” said one source.
CF alerted customers on March 9 that it was suspending UAN loads out of its Woodward, Okla., plant until further notice. On March 12, CF sent out another notice to customers that it had resumed loading of UAN-32 and UAN-28 at its Woodward facility, but supplies were still under allocation.
South Central: UAN-32 pricing was up slightly from last report at $320-$340/st ($10.00-$10.63/unit) FOB regional terminals, depending on location, with the low end reported out of the Memphis market.
Southeast: UAN-30 was pegged at $285-$290/st ($9.50-$9.67/unit) FOB Norfolk or Wilmington, N.C., up slightly from last report. The dealer reference for UAN-32 was reported at the $310/st ($9.69/unit) mark FOB Savannah, Ga.
The UAN vessel market was reported in the upper $290s/mt CFR for new quotes.