US Gulf:
NOLA UAN barge price ideas continued to firm. The market was quoted at $537-$550/st ($16.78-$17.19/unit) FOB, up from the week-ago $520-$540/st ($16.25-$16.88/unit) FOB.
Inland price ideas were also moving up, with domestic customers having to compete with Europe, which is taking more and more US product despite the duties on the product. Export price ideas were put in the $550-$560/st FOB range for the next round of business.
Eastern Cornbelt:
The last confirmed UAN-32 prices fell in the $565-$575/st ($17.66-$17.97/unit) FOB range for limited offers in the Eastern Cornbelt, with the upper end reported for “a few spot locations” on the Ohio River at midweek. Rail-DEL pricing firmed to $585-$600/st ($18.28-$18.75/unit) in the region. UAN-28 FOB Cincinnati was pegged at $495/st ($17.68/unit) FOB for any new business.
“UAN has been very quiet, with very few quotations,” commented one source. “CF seems to be sitting tight domestically on UAN and ammonia and focused on exports.”
Western Cornbelt:
UAN-32 prices in the Western Cornbelt remained at $555-$585/st ($17.34-$18.28/unit) FOB for limited offers, depending on location, with rail-DEL pricing pegged at $595-$600/st ($18.59-$18.75/unit) in Nebraska.
Southern Plains:
UAN terminal pricing continued to edge higher, although new offers were limited. Prices out of Southern Plains production points were pegged at $540-$570/st ($16.88-$17.81/unit) FOB at midweek, up from recent lows in the $520-$535/st ($16.25-$16.72/unit) FOB range. The last offers FOB Coffeyville, Kan., were pegged at the $550/st ($17.19/unit) level.
South Central:
UAN-32 terminal prices were strengthening, with reports of limited offers in the $555-$575/st ($17.34-$17.97/unit) range FOB South Central terminals, up from the last confirmed $525-$535/st ($16.41-$16.72/unit) FOB range. Pricing had reportedly been pulled at most terminal locations, however.
Southeast:
UAN-32 pricing in the Southeast jumped to $540-$570/st ($16.88-$17.81/unit) FOB port terminals, up from $520-$525/st ($16.25-$16.41/unit) FOB at last report, with the low confirmed in Georgia. Some sources suggested that list prices had firmed to as high as $600/st FOB at some locations, but new offers at that level were unconfirmed.