US Gulf:
UAN barge prices continued at $270-$280/st ($8.44-$8.75/unit) FOB.
US Imports:
UAN imports for March firmed 198.7% year-over-year, to 290,062 st from 97,094 st. Imports totaled 2.17 million st for July-March, up 48.2% from 1.46 million st in the year-ago period.
Russian cargoes totaled 1.58 million for July-March. Canada followed with 330,458 st, and Trinidad and Tobago sent 217,566 st.
US Exports:
UAN exports lifted 438.1% in July-March, to 1.96 million st from the year-ago 364,208 st. March cargoes were counted at 119,891 st, up 234.5% compared to 35,842 st reported one year earlier.
Eastern Cornbelt:
UAN prices were under pressure at some Eastern Cornbelt terminals. The latest UAN-32 offers slipped to $300-$305/st ($9.38-$9.53/unit) FOB Cincinnati and Mount Vernon, Ind., down roughly $5-$20/st. UAN-28 offers at Cincinnati remained in the $258-$280/st ($9.21-$10.00/unit) FOB range at mid-month.
Western Cornbelt:
UAN-32 dropped to $300-$320/st ($9.38-$10.00/unit) FOB in the Western Cornbelt, down from the prior $310-$335/st ($9.69-$10.47/unit) FOB range, with the low confirmed at St. Louis. The latest offers FOB Muscatine, Iowa, were quoted at the $310/st ($9.69/unit) level.
Northern Plains:
The last UAN-32 offers remained at $355/st ($11.09/unit) FOB Winona, Minn. UAN-28 in North Dakota was steady at $280/st ($10.00/unit) FOB Casselton and $300/st ($10.71/unit) FOB Harvey for prompt tons, with delivered pricing quoted at $330-$335/st ($11.79-$11.96/unit) in North Dakota.
Northeast:
UAN-32 pricing in the Northeast was steady at $320/st ($10.00/unit) FOB Baltimore and Fairless Hills for May-June tons. The latest offers out of terminals in upstate New York were reported at the $385/st ($12.03/unit) FOB level, down $10/st from last report.
The latest Baltimore prices for 27-0-0-3S and 28-0-0-5S remained at $301/st FOB and $335/st FOB, respectively, with delivered pricing in Pennsylvania quoted at $325/st for 27-0-0-3S and $346/st for 28-0-0-5S.
Eastern Canada:
UAN-28 remained in the C$540-$680/mt (C$19.29-$24.29/unit) FOB range in Eastern Canada, depending on location and supplier, with UAN-32 offers pegged at the C$617/mt (C$19.28/unit) FOB level in Ontario.