Nitrogen Solutions

U.S. Gulf: Most sources last week said the big run-up in UAN barge prices has stalled. Some suggested that when urea prices started to falter, UAN buyers became concerned.

The $320/st ($10.00/unit) level was reported to be meeting more resistance now. Sources called the last round of business $315-$320/st ($9.84-$10.00/unit) FOB.

Eastern Cornbelt: UAN was steady at $11.25-$11.72/unit FOB in the Eastern Cornbelt.

Western Cornbelt:
The UAN-32 market in the Western Cornbelt was quoted at $360-$368/st ($11.25-$11.50/unit) FOB regional terminals, with the low in Missouri and the upper end reported in the Iowa market.

Southern Plains:
Sources quoted the UAN-32 market at $335-$350/st ($10.47-$10.94/unit) FOB regional terminals in the Southern Plains, although there were reports of higher postings in effect for forward tons.

South Central: Sources tagged the UAN-32 market at $340-$360/st ($10.63-$11.25/unit) FOB in the South Central region, with the low reported in the Kentucky market on a spot basis. Most regional terminals had reportedly firmed to the upper end of the range in early August.

Southeast: Sources pegged the UAN-32 market at $340/st ($10.63/unit) FOB port terminals in the Southeast, with UAN-30 quoted at the $320/st ($10.67/unit) FOB level. UAN-32 pricing out of inland Georgia terminals remained at the $335 ($10.47/unit) FOB level on the low end.