U.S. Gulf:
With inland prices under pressure, sources said barge price ideas had dropped as well. While most will likely await fill programs for new transactions, sources put current barge netbacks and large quantity rail in the $450-$460/st ($14.06-$14.38/unit) FOB range, down from the week-ago $480-$520/st ($15.00-$16.25/unit) FOB.
Eastern Cornbelt:
UAN-32 prices reportedly fell another $20/st or more from the previous week, with new levels quoted at $550-$555/st ($17.19-$17.34/unit) FOB Mount Vernon, Ind., and Cincinnati, Ohio, and $560/st ($17.50/unit) FOB Peru, Ill.
Recent UAN-28 offers FOB Bay City, Mich., were confirmed as low as $460-$475/st ($16.43-$16.96/unit) FOB, down significantly from the low-$600/st in early June.
Western Cornbelt:
UAN-32 prices dropped to $520-$555/st ($16.25-$17.34/unit) FOB in the Western Cornbelt, down another $20/st at the upper end of the range.
Northern Plains:
The UAN-32 market FOB Winona and Pine Bend, Minn., dropped from $595/st ($18.59/unit) to $575/st ($17.97/unit) FOB as the week progressed, down from the previous week’s $605-$615/st ($18.91-$19.22/unit) FOB level.
Prompt UAN-28 pricing out of terminals in North Dakota reportedly plunged to $465/st ($16.61/unit) FOB for new offers, down dramatically from the $550/st ($19.64/unit) FOB level reported in early June and the $595-$600/st ($21.25-$21.43/unit) FOB range confirmed in mid-May.
Northeast:
UAN prices continued to slip at regional terminals. In the eastern U.S., UAN-32 values were pegged at $610/st ($19.06/unit) FOB Savannah, Ga., and $616/st ($19.25/unit) FOB terminals in upstate New York, down roughly $30/st from last report.
The market FOB Baltimore, Md., was quoted at $685/st ($21.41/unit) for UAN-32 and $624-$630/st ($20.80-$21.00/unit) for UAN-30.
Eastern Canada:
The UAN-28 market covered a wide range at C$838-$925/mt (C$29.93-$33.04/unit) FOB in Eastern Canada, reflecting a drop of C$87/mt at the low end of the range. UAN-32 pricing in the Ontario market slipped to C$955/mt (C$29.84/unit) FOB, down a full C$113/mt from last report.