U.S. Gulf: UAN barge prices appear to be moving up, with new trades last week reported at $240-$248/st ($7.50-$7.75/unit) FOB. Sources attributed the uptick to a weak fall ammonia season in the Cornbelt, with more buyers now believing they will need to purchase UAN next spring.
Prices being quoted for forward sales were higher at $255-$260/st FOB, and inland postings were reported to be moving up.
Eastern Cornbelt: There was some talk of firming UAN prices last week due to the lackluster fall ammonia season.
UAN-28 was tagged at $250-$255/st ($8.93-$9.11/unit) FOB Cincinnati for prompt pull, depending on supplier, with spring prepay offers there reported at $260-$262/st ($9.29-$9.36/unit) FOB. One source quoted UAN-32 prompt tons at the $287/st ($8.97/unit) FOB Cincinnati level last week.
Rail-DEL UAN-32 was pegged at $298-$310/st ($9.31-$9.69/unit) in Ohio, Indiana, and Michigan, with the upper end of the range more commonly quoted in the Michigan market. CF had reportedly raised its Midwest UAN-32 postings to $299-$304/st ($9.34-$9.50/unit) FOB river terminals and $305-$308/st ($9.53-$9.63/unit) FOB inland, depending on location.
Western Cornbelt: The UAN-32 market was unchanged at $280-$295/st ($8.75-$9.22/unit) FOB in the Western Cornbelt, depending on location. One Missouri contact quoted the common dealer market at the $290/st ($9.06/unit) FOB level in his location last week.
Southern Plains: UAN-32 pricing in the Southern Plains was reported at $270-$275/st ($8.44-$8.59/unit) FOB regional production points and Gulf Coast terminals.
South Central: Sources reported fielding some UAN inquiries in recent weeks, with the renewed interest reportedly fueled by a lackluster fall ammonia season. The UAN-32 market in the South Central region continued to be quoted at $280-$285/st ($8.75-$8.91/unit) FOB terminals for cash tons.
Southeast: Sources continued to quote the UAN-32 market at the $255/st ($7.97/unit) level FOB most port terminals in the Southeast, with UAN-30 pricing pegged at $238-$240/st ($7.93-$8.00/unit) FOB. Out of inland terminals in Georgia, the UAN-32 market was quoted at $255-$260/st ($7.97-$8.13/unit) FOB.