U.S. Gulf: The bears were starting to take over on the UAN market, with sources saying that product is backing up and swollen inventories are causing some barge holders to sell off barges they no longer have a place for.
As a result, sources were calling these trades in the $315-$320/st ($9.84-$10.00/unit) FOB range, if not lower. Traditional sellers, however, were reportedly trying to hold the line and not sell at these lower numbers.
Eastern Cornbelt: The UAN-28 market continued to be quoted at $330-$335/st ($11.79-$11.96/unit) FOB Cincinnati and $345/st ($12.32/unit) FOB Burns Harbor, Ind. Illinois sources pegged the UAN-32 market at $380-$395/st ($11.88-$12.34/unit) FOB, depending on location.
Western Cornbelt: UAN pricing remained firm in the Western Cornbelt region. Sources quoted the UAN-32 market in the $385-$400/st ($12.03-$12.50/unit) FOB range, with delivered tons quoted at the $410/st ($12.81/unit) level in western Iowa.
Northern Plains: The UAN-28 market was reported at $355-$365/st ($12.68-$13.04/unit) FOB regional terminals in the Northern Plains, with the low FOB the Twin Cities and the upper end FOB Moorhead, Minn., and Jamestown, N.D.
Delivered UAN-28 was quoted at the $375/st ($13.39/unit) level in North Dakota.
Great Lakes: UAN pricing remained firm in the Great Lakes region. Wisconsin sources pegged the UAN-32 market solidly at the $395/st ($12.34/unit) FOB level, while UAN-28 out of Michigan terminals was quoted in the $345-$355/st ($12.32-$12.68/unit) FOB range, depending on location.
Northeast: Sources said nitrogen solutions pricing out of Baltimore was unchanged at $350/st ($10.94/unit) FOB for UAN-32 and $330/st ($11.00/unit) FOB for UAN-30.