Nitrogen Solutions

U.S. Gulf: Barge prices continued to be under pressure last week, with most putting the market in the $245-$255/st ($7.66-$7.97/unit) FOB range. Sources said buyers are seeking East Coast vessel tons at $255/mt CFR, with seller price ideas most recently called $270/mt CFR.

February UAN imports were off 28 percent, to 242,385 st from the year-ago 337,767 st. July-February imports were up 17 percent, however, to 2.21 million st from the year-ago 1.89 million st.

Eastern Cornbelt: The low end of the UAN-28 market in the Eastern Cornbelt remained at $265-$270/st ($9.46-$9.64/unit) FOB Cincinnati, with the upper end pegged at $280-$285/st ($10.00-$10.18/unit) FOB inland tanks in Ohio and Indiana.

In the Illinois market, sources quoted UAN-32 at $305-$320/st ($9.53-$10.00/unit) FOB and $315-$325/st ($9.84-$10.16/unit) rail-DEL.

Western Cornbelt: UAN-32 pricing remained at $305-$315st ($9.53-$9.84/unit) FOB in the Western Cornbelt, with the low reported out of terminals in southern Missouri and the upper end in Iowa.

California: The UAN-32 market remained at $305-$320/st ($9.53-$10.00/unit) FOB in California, depending on location, with delivered tons pegged at the $340/st ($10.63/unit) level or higher in the state.

Pacific Northwest: The UAN-32 market was quoted at $350-$360/st ($10.94-$11.25/unit) DEL in the Pacific Northwest, down some $5-$10/st from last report. The upper end of the range reflected the April 9 posting from IRM for delivered tons in eastern Oregon and Washington.

Western Canada: The UAN-28 market remained at $427-$443/mt ($15.25-$15.82/unit) DEL in Western Canada, depending on location.