Nitrogen Solutions

U.S. Gulf: No new trades were reported last week, leaving the range at $197-$210/st FOB ($6.16-$6.56/unit).

The East Coast vessel price was called $225/mt CFR, if not lower.

June imports were off 26 percent, to 209,366 st from the year-ago 282,559 st, while July-June imports were up 17 percent, to 3.59 million st from the prior year 3.08 million st.

Eastern Cornbelt: The UAN-28 market ranged broadly from $225-$245/st ($8.04-$8.75/unit) FOB in the region, depending on location, with the low reported for fill tons in the Cincinnati, Ohio, market and the upper end FOB Burns Harbor Ind. The UAN-32 market out of Illinois terminals remained at $256-$270/st ($8.00-$8.44/unit) FOB.

“There are still people willing to sell fill tons, but there are no buyers interested,” said one contact.

Western Cornbelt: UAN-32 remained at $260-$275/st ($8.13-$8.59/unit) FOB in the Western Cornbelt, depending on location and time of delivery, with the low reported by Iowa sources for fill ton offers.

Northern Plains: The UAN-28 market remained in a broad range at $250-$290/st ($8.93-$10.36/unit) FOB in the Northern Plains, with the low quoted in the Twin Cities and the upper end FOB Harvey, N.D.

Northeast: Sources quoted the UAN-32 market at $220-$225/st ($6.88-$7.03/unit) FOB Baltimore, Md., for fill or prompt tons in early August. One source said, however, that there are “some indications that we could move a little higher as domestic producers have taken enough fill tons to make them comfortable.”

Out of terminals in upstate New York, the UAN-32 market had reportedly slipped to $280/st ($8.75/unit) FOB, down another $5/st from last report.

Eastern Canada: UAN-28 pricing in Eastern Canada remained at $338-$345/mt ($12.07-$12.32/unit) FOB regional terminals. “The Canadian dollar in relation to the U.S. dollar is causing us some grief, adding over 30 percent to our costing fertilizer that is purchased in the U.S.”, said one source.