U.S. Gulf:
With the huge run-up in nitrogen prices, sources said there were no new trades of UAN barges at NOLA, with the market awaiting further word on what CF has in mind for the next round of pricing. Some players suggested the market may soon see as high as $400/st FOB. The last number reported was $340/st ($10.63/unit) FOB.
Eastern Cornbelt:
Sources continued to report no UAN-32 offers on the table in the Eastern Cornbelt in late September, with the last spot business reported before Hurricane Ida in the $355-$375/st ($11.09-$11.72/unit) FOB range, depending on location. New offers in the Northeast were reported at $400/st ($12.50/unit) FOB Fairless Hills for October shipment.
Western Cornbelt:
No current UAN-32 prices were confirmed in the Western Cornbelt, with the last prices for very limited offers reported in the $375-$395/st ($11.72-$12.34/unit) FOB range in late August.
California:
The UAN-32 market began the week at $390-$410/st ($12.19-$12.81/unit) FOB California terminals, up $15/st from last report, but sources said another increase pushed the Stockton market to $430-$450/st ($13.44-$14.06/unit) FOB as the week progressed.
Pacific Northwest:
The UAN-32 at midweek was quoted at $400-$405/st ($12.50-$12.66/unit) FOB Kennewick, Wash., up $20/st from last report. Rail-DEL offers in the Pacific Northwest were pegged at the $409/st ($12.78/unit) level at midweek.
Western Canada:
UAN-28 pricing was pegged at C$450-$485/mt (C$16.07-$17.32/unit) DEL for the last offers in Western Canada, up C$30-$50/mt from last report. Sources said they expect reference prices to firm to C$540/mt (C$19.29/unit) DEL in Saskatchewan for January shipment, but no official postings for forward tons were circulating as the week closed.