Nitrogen Solutions

U.S. Gulf: A quiet week in the UAN barge market left prices unchanged at $168-$175/st ($5.25-$5.47/unit) FOB.

East Coast-delivered vessels continued to show offers at $190/mt CFR, without any bites.

Eastern Cornbelt: UAN-28 was pegged at $204-$212/st ($7.29-$7.57/unit) FOB in Ohio and Indiana for prompt or prepay tons, depending on location. The UAN-32 market was generally quoted at $240-$250/st ($7.50-$7.81/unit) FOB out of most Illinois terminals.

Western Cornbelt: UAN-32 remained at $245-$255/st ($7.66-$7.97/unit) FOB out of terminals in the Western Cornbelt region.

Southern Plains: UAN-32 was quoted in a broad range at $215-$240/st ($6.72-$7.50/unit) FOB in the Southern Plains, with the lower end of the range reported at regional production points. Sources said terminals offering tons at the upper end “had some room for negotiation from serious buyers.”

South Central: UAN-32 pricing had reportedly slipped to $210-$225/st ($6.56-$7.03/unit) FOB in the South Central region, with the low reported in the Memphis market.

Southeast: The UAN-32 market in the Southeast was pegged at $197-$200/st ($6.16-$6.25/unit) FOB port terminals, down another $8-$10/st from last report, although there were few inquiries and minimal new buying activity taking place to test the market.