UAN

US Gulf:

Sources reported a quiet NOLA UAN barge market. Prices continued to be called $450-$460/st ($14.06-$14.38/unit) FOB.

Eastern Cornbelt:

UAN-32 prices at Cincinnati reportedly slipped to $485-$490/st ($15.16-$15.31/unit) FOB for January shipment, down $10/st from the last December offers. The low end of the regional market remained at $480/st ($15.00/unit) FOB Mount Vernon, Ind., with the high pegged at $490-$500/st ($15.47-$15.63/unit) FOB on a spot basis in Illinois.

Western Cornbelt:

UAN-32 was pegged at $485/st ($15.16/unit) FOB St. Louis, $495-$500/st ($15.47-$15.63/unit) FOB Port Neal, and $500/st ($15.63/unit) FOB Muscatine, Iowa, for January shipment. The latest offers in the Southern Plains were confirmed at $440-$445/st ($13.75-$13.91/unit) FOB Woodward and Verdigris, Okla., down $5/st from December.

Northern Plains:

Delivered UAN-28 offers in the Northern Plains were reported at $480/st ($17.14/unit) for 1Q tons from Canada, down from the last $580/st DEL prompt business, while UAN-28 at spot terminals in central North Dakota were quoted at $515/st ($18.39/unit) FOB.

With the Winona, Minn., UAN-32 terminal now closed for the winter, pricing for spring shipment was pegged at the $546/st ($17.06/unit) level, down $30-$35/st from the previous offers.

Northeast:

UAN-32 pricing was pegged at $520-$525/st ($16.25-$16.41/unit) FOB Baltimore, Md., down significantly from the $592-$595/st ($18.50-$18.59/unit) levels confirmed in mid-December. Out of terminals in upstate New York, UAN-32 offers were pegged at $600/st ($18.75/unit) FOB in early January, down $40/st from last report.

Eastern Canada:

UAN pricing was lower in Eastern Canada, where recent offers were reported in a broad C$762-$935/mt (C$27.21-$33.39/unit) FOB range for UAN-28 and as low as C$870/mt (C$27.19/unit) FOB for UAN-32, well below the C$1,000/mt (C$31.25/unit) FOB level confirmed for UAN-32 in early December.