US Gulf:
UAN barge prices continued to be quoted at $270-$280/st ($8.44-$8.75/unit) FOB in a thinly-traded market.
US Imports:
UAN imports for February firmed 242.1% year-over-year, to 249,987 st from 73,071 st. Imports totaled 1.88 million st for July-February, up 37.5% from 1.36 million st in the year-ago period.
Russian cargoes totaled 1.37 million for July-February, ahead of 285,211 st from Canada. Trinidad and Tobago sent 192,211 st.
US Exports:
February UAN exports lifted 2,239.6% to 166,804 st from 7,130 st in February 2022. July-February exports moved up 460.3%, to 1.84 million st from 328,366 st in the prior year.
Eastern Cornbelt:
UAN-32 remained in a broad range at $300-$340/st ($9.38-$10.63/unit) FOB in the Eastern Cornbelt, with the low confirmed at Cincinnati and the high in Illinois. UAN-28 was pegged at $262-$280/st ($9.36-$10.00/unit) FOB Cincinnati at midweek. Rail-DEL UAN-32 offers were quoted at $$330-$335/st ($10.31-$10.47/unit) in Indiana and Ohio.
Western Cornbelt:
UAN-32 was steady at $320-$340/st ($10.00-$10.63/unit) in the Western Cornbelt, with the St. Louis market remaining in the $325-$335/st ($10.16-$10.47/unit) FOB range. In the Southern Plains, UAN-32 continued to be reported in the $300-$310/st ($9.38-$9.69/unit) range FOB Oklahoma production points.
California:
The UAN-32 market in California remained at $390-$400/st ($12.19-$12.81/unit) FOB Stockton, $405/st ($12.66/unit) FOB Port Hueneme, and $410/st $12.81/unit) FOB West Sacramento. Rail-DEL UAN-32 offers in Northern California were steady at $360-$380/st ($11.25-$11.88/unit) in early April.
Pacific Northwest:
UAN-32 slipped to $385/st ($12.03/unit) FOB Kennewick, Wash., down $15/st from last report, with rail-DEL tons quoted at $395-$410/st ($12.34-$12.81/unit) in the Pacific Northwest.
Western Canada:
UAN-28 tightened to C$435-$445/mt (C$15.54-$15.89/unit) DEL in Western Canada for the latest offers, compared with C$430-$450/mt (C$15.36-$16.07/unit) DEL in late March.