U.S. Gulf:
NOLA UAN barges continued at $545-$550/st ($17.03-$17.19/unit) FOB.
Eastern Cornbelt:
UAN-28 pricing was quoted at $508-$515/st ($18.14-$18.39/unit) FOB Cincinnati for prompt tons and $534-$537/st ($19.07-$19.18/unit) FOB for spring prepay.
The UAN-32 market remained at $580-$600/st ($18.13-$18.75/unit) FOB for prompt and $605-$610/st ($18.91-$19.06/unit) FOB for prepay tons in Illinois and Indiana, with the Cincinnati market unchanged at $610/st ($19.06/unit) FOB for spring prepay.
Western Cornbelt:
The UAN-32 market remained at $590/st ($18.44/unit) FOB St. Louis for March tons and $605/st ($18.91/unit) for April-June, with the upper end of the regional market pegged at $600-$620/st ($18.75-$19.38/unit) FOB in Iowa and Nebraska, depending on location and time of shipment.
California:
The UAN-32 market remained at $650-$670/st ($20.31-$20.94/unit) FOB California terminals in early February, depending on location, with spot rail-DEL offers confirmed at the $650/st ($20.31/unit) level for April-May tons.
A scheduled $10/st increase from Yara will reportedly move the company’s posting at Stockton to $680/st ($21.25/unit) FOB on Feb. 16.
Pacific Northwest:
The UAN-32 market was pegged at $665-$685/st ($20.78-$21.41/unit) FOB in the Pacific Northwest, with the low reported at Kennewick, Wash., for 1Q tons. No current delivered offers were confirmed in the Pacific Northwest in early February.
Western Canada:
UAN-28 pricing remained at C$775-$785/mt (C$27.68-$28.04/unit) DEL in Western Canada for spring tons, unchanged from last report.
U.S. Imports:
UAN imports were off 69.6 percent in December, to 59,674 st from the year-ago 196,444 st. July-December imports were up 3.3 percent, however, to 1.20 million st from 1.17 st logged one year earlier.
Russia stood atop the import list for July-December with 496,819 st, edging up 0.1 percent from the prior-year 496,508 st. Trinidad and Tobago came in at 469,160 st, slipping 1.4 percent from 475,886 st noted one year earlier. Material loading from Canada totaled 197,247 st, a 15.1 percent increase from the prior year’s 171,357 st.
U.S. Exports:
UAN exports for the July-December window were down 35.1 percent, to 312,095 st from 481,018 st. Exports softened to 21,656 st for December, down 33.1 percent from 32,364 st in December 2020.