U.S. Gulf:
NOLA barges continued to be called $545-$550/st ($17.03-$17.19/unit) FOB, though forward prices were higher. March continued to be put at $560/st, and second-quarter at $575/st or higher.
U.S. Imports:
July-November UAN imports firmed 18.1 percent year-over-year, to 1.14 million st from 968,619 st. November imports moved up 55.0 percent, to 254,387 st from the year-ago 164,102 st.
Russia retained the top import spot for July-November with 496,500 st, rising 11.8 percent against the year-ago 444,100 st. Trinidad and Tobago added 445,500 st, up 18.7 percent from 375,300 st in the prior-year period. Tons sourced from Canada totaled 161,600 st, a 24.6 percent lift from 129,700 st in 2020.
U.S. Exports:
UAN exports were off 35.3 percent in July-November, to 290,439 st from the year-ago 448,655 st. Exports were noted at 24,122 st for November, falling 75.0 percent against the year-ago 96,394 st.
Eastern Cornbelt:
The UAN-28 market remained at $521-$534/st ($18.61-$19.07/unit) FOB Cincinnati for prompt tons and $551/st ($19.68/unit) FOB for spring prepay. Reference UAN-32 prices from CF for 2Q tons included $610/st ($19.06/unit) FOB Cincinnati and Peru, Ill., and $615/st ($19.22/unit) FOB Albany, Ill. The Seneca, Ill., market was also pegged at the $615/st ($19.22/unit) FOB level.
Western Cornbelt:
The UAN-32 market remained at $605-$635/st ($18.91-$19.84/unit) FOB regional terminals in the Western Cornbelt, with the low reported at St. Louis and the high at Bigelow, Iowa, and Fremont, Neb., for 2Q tons.
Southern Plains:
The UAN-32 market FOB Verdigris was quoted at $560-$565/st ($17.50-$17.66/unit) for January-February, $575-$580/st ($17.97-$18.13/unit) for March, and $590/st ($18.44/unit) for April-May. Woodward, Okla., pricing was reported at $590/st ($18.44/unit) FOB for January-February, $600/st ($18.75/unit) FOB for March, and $610/st ($19.06/unit) FOB for April-June.
Central Texas sources quoted the prompt UAN-32 market at $585/st ($18.28/unit) DEL, netting back to roughly $565/st ($17.66/unit) FOB Houston.
South Central:
The UAN-32 market had reportedly firmed to $610-$615/st ($19.06-$19.22/unit) FOB Memphis for prompt or spring tons, up from $560-$565/st ($17.50-$17.6/unit) FOB in mid-December. The truck market FOB Donaldsonville, La., was pegged at $550-$555/st ($17.19-$17.34/unit) FOB for January-February, $565/st ($17.66/unit) for March, and $585/st ($18.28/unit) or April-June.
Southeast:
UAN-32 prices at terminal locations in the Southeast remained in the $550-$600/st ($17.19-$18.75/unit) FOB range, with the low reported in the Georgia market and the high FOB Wilmington and Norfolk, Va.