US Gulf:
NOLA UAN barge price ideas continued to be reported in the $550-$555/st ($17.19-$17.34/unit) FOB range, though some argued that the market may have topped out at $550/st FOB.
US Imports:
August UAN imports firmed 1.4%, to 203,266 st from the prior year’s 200,462 st. July-August totals were reported at 282,184 st, however, a 32.1% decrease from the year-ago 415,505 st.
Russia topped the August-July import list with 197,851 st, followed by Canada with 75,311 st and the Netherlands with 8,912 st.
US Exports:
UAN exports were up 277.5% in August, to 295,782 st from the prior year’s 78,352 st. Exports jumped to 451,201 st in July-August, up 181.7% from the year-ago 160,173 st.
Eastern Cornbelt:
UAN-32 pricing in the Eastern Cornbelt inched up to $595-$620/st ($18.59-$19.38/unit) FOB, with the low reported for 4Q tons out of spot Illinois River terminals and the high for limited fill offers on the Ohio River.
Rail-DEL pricing continued to be reported at $625-$635/st ($19.53-$19.84/unit) in the region, while the last UAN-28 offers were pegged at $530/st ($18.93/unit) FOB Cincinnati.
Western Cornbelt:
UAN-32 prices in the Western Cornbelt remained at $585-$610/st ($18.28-$19.06/unit) FOB for limited offers, with the low confirmed at Port Neal, Iowa, and the high at Muscatine, Iowa.
Rail-DEL pricing was pegged at the $615/st ($19.22/unit) level or higher in the region. The St. Louis market was quoted at $590-$600/st ($18.43-$18.75/unit) FOB for the last offers.
Southern Plains:
Most UAN-32 offers fell in the $565-$585/st ($17.66-$18.28/unit) range FOB production points in Oklahoma and Kansas. The upper end of the regional range was reported at $605-$610/st ($18.91-$19.06/unit) FOB Gulf Coast terminals in Texas.
South Central:
UAN-32 terminal prices continued to strengthen, with reports of limited offers in the $585-$610/st ($18.28-$19.06/unit) range FOB South Central terminals, depending on location, up from the last confirmed $570-$590/st ($17.81-$18.44/unit) FOB range.
Southeast:
UAN-32 pricing in the Southeast was quoted in a broad range at $550-$590/st ($17.19-$18.44/unit) FOB port terminals, up from $540-$570/st ($16.88-$17.81/unit) FOB at last report, with the low confirmed in Georgia and the higher end of the range at Wilmington.