US Gulf:
The NOLA UAN barge market was put in the $350-$360/st ($10.94-$11.25/unit) FOB range, a big drop from the week-ago $420-$440/st ($13.13-$13.75/unit) FOB. The numbers were reported to be in line with river terminals posted at $400/st FOB ($12.50/unit).
Eastern Cornbelt:
UAN-32 terminal prices continued to fall in the Eastern Cornbelt. New offers for January-February tons were reported at $400-$420/st ($12.50-$13.13/unit) FOB, with the low confirmed at Mount Vernon, Ind., reflecting an $80/st drop from the previous week.
The Cincinnati, Ohio, market was quoted at the $405/st ($12.66/unit) FOB level for UAN-32 and $350-$355/st ($12.50-$12.68/unit) FOB for UAN-28.
Western Cornbelt:
New UAN-32 offers for January-February were confirmed at $400/st ($12.50/unit) FOB Port Neal and St. Louis, and $405/st ($12.66/unit) FOB Muscatine, Iowa, down some $80/st or more from the previous week.
In the Northern Plains, spring UAN-32 pricing was pegged at $461/st ($14.41/unit) FOB Winona, Minn., down from the $546/st ($17.06/unit) level earlier in January.
California:
Postings for UAN-32 were confirmed at $570/st ($17.81/unit) FOB Stockton, $575/st ($17.97/unit) FOB Port Hueneme, and $580/st ($18.13/unit) FOB West Sacramento. Sources said the Stockton market was closer to $500/st ($15.63/unit) FOB as the week progressed, however, with rail-DEL prices confirmed at that level as well.
By Jan. 19, some were claiming reports of sub-$500/st offers at port terminals in the state. “It’s all over the place,” commented one contact.
Pacific Northwest:
The UAN-32 market in the Pacific Northwest dropped to $515/st ($16.09/unit) FOB most terminals, down from $535/st ($16.72/unit) FOB in late December. Rail-DEL UAN-32 pricing in the region was quoted at $480-$515/st ($15.00-$16.09/unit), below last month’s $535-$545/st ($16.72-$17.03/unit) DEL range.
Western Canada:
The UAN-28 market in Western Canada was pegged at C$575-$595/mt (C$20.54-$21.25/unit) DEL for January-April tons, down from the last reported range of C$620-$645/mt (C$22.14-$23.04/unit) DEL.