U.S. Gulf:
The NOLA UAN barge market continued to be quoted at the $300/st ($9.38/unit) FOB mark. Good inland demand had players speculating about an uptick at NOLA. East Coast vessel business continued to be called $345-$350/mt CFR.
Eastern Cornbelt:
UAN-32 remained at $325-$345/st ($10.16-$10.78/unit) FOB in the Eastern Cornbelt, with the low at Mount Vernon, Ind., LaSalle, Ill, and Seneca, Ill., and the high at Burns Harbor, Ind.
Sources continued to quote the Cincinnati market at $332/st ($10.38/unit) for UAN-32 and $285-$290/st ($10.18-$10.36/unit) FOB for UAN-28, with reports of good sidedress demand out of Ohio River terminals during the week.
Western Cornbelt:
UAN-32 was unchanged at $325-$345/st ($10.16-$10.78/unit) FOB in the Western Cornbelt, with the high out of spot Iowa terminals and the low reported at St. Louis.
California:
The UAN-32 market in California was strengthening, with pricing reported at a firm $365-$385/st ($11.41-$12.03/unit) FOB Stockton and other port terminals, up $15-$20/st from last report. Sources reported limited rail-DEL offers at the $380-$390/st ($11.88-$12.19/unit) level.
“I don’t see the market softening anytime soon,” said one regional contact. “And if it does, summer values will still be much higher than prior year.”
Pacific Northwest:
The UAN-32 market was up slightly at $385-$395/st ($12.03-$12.34/unit) FOB in the Pacific Northwest, depending on location, with rail-DEL offers reported in the $410-$415/st ($12.81-$12.97/unit) range.
Western Canada:
The Western Canada UAN-28 market was unchanged at C$425-$430/mt (C$15.18-$15.36/unit) DEL at mid-month, with the low reported in Saskatchewan.