U.S. Gulf: NOLA barges continued to work their way up, although there was contention on both ends of the $190-$205/st ($5.94-$6.41/unit) FOB range. Some argued lower, others higher, but most put it within the $190-
$205/st FOB range.
UAN numbers appear stiff for now, despite assertions by some that a big spring ammonia season in the Cornbelt may lead to less UAN and urea use, and perhaps lower prices.
Most are now calling the East Coast vessel market $220-$225/mt CFR, with some expecting the next sale to be higher than that range.
Eastern Cornbelt: The UAN-28 market was pegged at $205-$219.80 ($7.32-$7.85/unit) FOB in the Eastern Cornbelt, with the low out of spot river locations and the upper number inland. Illinois sources quoted the UAN-32 market at $244.80-$246.40/st ($7.65-$7.70/unit) FOB for new business.
Western Cornbelt: The UAN-32 market was quoted at $245-$255/st ($7.66-$7.97/unit) FOB in the Western Cornbelt, up $5/st from last report, with the low confirmed out of river locations in the Iowa market and the upper end in Missouri on a spot basis.
California: UAN-32 was quoted at $235-$250/st ($7.34-$7.81/unit) FOB port terminals in California, with rail-DEL tons steady at $265-$275/st ($8.28-$8.59/unit) in the state on a spot basis.
Pacific Northwest: Slightly stronger UAN pricing was reported in the Pacific Northwest in late March. The UAN-32 market was quoted at $280-$285/st ($8.75-$8.91/unit) DEL in the region, up $5-$10/st from last report, with the low reported for truck-DEL material and the upper end for railed tons from the Midwest.
Effective March 7, Agrium reposted UAN-32 at $265/st ($8.28/unit) FOB Kennewick, Wash. On March 11, IRM’s UAN-32 postings moved to $265/st ($8.28/unit) FOB Umatilla, Ore., and Pasco, Wash.; $270/st ($8.44/unit) FOB Central Ferry, Wash.; and $290/st ($9.06/unit) DEL in Washington and eastern Oregon.
Western Canada: UAN-28 remained at $320-$325/mt ($11.43-$11.61/unit) DEL in Western Canada.