U.S. Gulf: NOLA UAN barge prices continued to be called $150-$155/st ($4.68-$4.84/unit) FOB with thin trading. Many sources expected the next business to be higher, but no firm new business at higher numbers was reported for the week.
The last done business on the East Coast vessel market was put at $178/mt CFR, with quotes still in the $180-$190/mt CFR range for the next business.
Eastern Cornbelt: UAN-28 was reportedly being offered out of Cincinnati at the $175/st ($6.25/unit) FOB level for January-February shipment, with spring prepay numbers circulating at the $180/st ($6.43/unit) FOB level for “very limited tons” at that location.
Out of terminals in Illinois, sources pegged the UAN-32 market at $195/st ($6.09/unit) FOB for prompt/fill and $205-$210/st ($6.41-$6.56/unit) FOB for prepay, with “limited availability.”
Western Cornbelt: Sources reported brisk year-end sales on several products, but one Iowa contact said “UAN seemed to be the hottest commodity.” The market for UAN-32 was quoted at $195/st ($6.09/unit) FOB for prompt tons in the Western Cornbelt, with spring prepay offered at $205-$215/st ($6.41-$6.72/unit) FOB, depending on location.
Northern Plains: UAN-28 pricing in the Northern Plains was up from last report, with sources quoting the regional market at $205-$215/st ($7.32-$7.68/unit) FOB for prepay offers. Delivered tons were pegged in the $215-$225/st ($7.68-$8.04/unit) range in North Dakota.
Great Lakes: Wisconsin sources quoted UAN-32 fill tons at $195/st ($6.09/unit) FOB at the low end of the regional range. Michigan contacts pegged the UAN-28 market at $195/st ($6.96/unit) for prompt and $200/st ($7.14/unit) FOB for prepay out of terminals in early January. No new prices or programs were being quoted FOB Courtright, Ont., sources said.
Northeast: The UAN-32 market had reportedly firmed to $183-$190/st ($5.72-$5.94/unit) FOB Baltimore for prepay, with reports of spring prepay offers for UAN-30 circulating at the $171.50/st ($5.72/unit) FOB level. One source commented that there is “still not much interest in forward pricing or prepay,” with year-end prepay volumes described as “very light” in comparison with previous years.
UAN-32 pricing out of terminals in upstate New York had reportedly firmed to $224/st ($7.00/unit) FOB for prepay.