U.S. Gulf: UAN barges continue to be quoted generally in the $260-$265/st ($8.13-$8.28/unit) FOB range, though players argue that prices are headed in both directions.
Import vessels were another matter. Sellers were generally quoting $300-$305/mt CFR for East Coast vessels just a few weeks ago, but those price ideas have fallen off, with demand low due to full tanks. As a result, players last week were calling the market $285-$290/mt CFR, with others arguing that the low $280s/mt CFR would have to be offered to garner any business.
Eastern Cornbelt: The UAN-28 market remained at $270-$280/st ($9.64-$10.00/unit) FOB in Ohio and Indiana, with the low for prompt tons in Cincinnati and the upper end out of inland terminals on a spot basis. The UAN-32 market was steady at $310-$320/st ($9.69-$10.00/unit) FOB and $325-$330/st ($10.16-$10.31/unit) rail-DEL in the Illinois market.
Western Cornbelt: UAN-32 was pegged at $305-$320/st ($9.53-$10.00/unit) FOB regional terminals in the Western Cornbelt, with both the high and low ends reported in the Missouri market, depending on location. An Iowa source quoted the common dealer price at the $315/st ($9.84/unit) FOB level last week.
Northern Plains: UAN-28 was quoted at $290-$305/st ($10.36-$10.89/unit) FOB in the Northern Plains, with the low in the Twin Cities and the upper end for spring tons out of terminals in North Dakota.
Northeast: The Baltimore, Md., UAN market was pegged at $285-$290/st ($8.91-$9.06/unit) FOB for UAN-32 and $267.70-$270/st ($8.92-$9.00/unit) FOB for prompt UAN-30 tons. One source reported earlier UAN-30 prepay offers in the $277-$282/st ($9.23-$9.40/unit) FOB range, with the low for April and the upper end for May and June delivery, but it was not clear if those offers were still on the table last week.
Out of terminals in upstate New York, the UAN-32 market remained at $336/st ($10.50/unit) FOB.
Eastern Canada: UAN-28 was tagged at $355-$360/mt ($12.68-$12.86/unit) FOB in Eastern Canada, up roughly $20/mt from January pricing levels.