US Gulf:
The latest NOLA UAN indications inched up to $240-$245/st ($7.50-$7.66/unit) FOB, above last week’s $235-$240/st ($7.34-$7.50/unit) range, though no actual trades or offers were confirmed. Reports of some lost domestic production during the January cold snap, as well as delays on shipping earlier commitments, fueled the rising sentiment.
Eastern Cornbelt:
UAN-32 was quoted at $275-$290/st ($8.59-$9.06/unit) FOB regional terminals, depending on location and time of shipment, with the low reported at Cincinnati and Mount Vernon, Ind., for prompt tons. Most spring offers fell in the $285-$290/st ($8.91-$906/unit) FOB range in the region.
Cincinnati pricing for UAN-28 was pegged at $241-$245/st ($8.61-$8.75/unit) FOB for prompt and $254/st ($9.07/unit) FOB for spring tons. In the Great Lakes region, pricing out of Michigan terminals ranged from $262-$282/st ($9.36-$10.07/unit) FOB for prompt and $278-$287/st ($9.93-$10.25/unit) FOB for prepay.
Western Cornbelt:
UAN-32 was unchanged at $260-$285/st ($8.13-$8.91/unit) FOB in the Western Cornbelt, depending on location and time of shipment, with the low at Port Neal, Iowa, for prompt tons. The St. Louis market remained at $275/st ($8.59/unit) FOB for prompt material, with truck-DEL offers pegged at the $280-$285/st ($8.75-$8.91/unit) level in Iowa and Missouri.
California:
UAN-32 remained at $340-$360/st ($10.63-$11.25/unit) FOB Stockton, with the last rail-DEL tons quoted at the $315-$330/st ($9.84-$10.31/unit) level in California, depending on location. Sources said the Port Hueneme UAN terminal will be resupplied in April following a recent tank repair.
Pacific Northwest:
The latest UAN-32 offers were pegged at $320/st ($10.00/unit) FOB in the Pacific Northwest, with delivered pricing in the $333-$350/st ($10.41-$10.94/unit) range in the region.
Western Canada:
UAN-28 prices in Western Canada were pegged at C$455-$480/mt (C$16.25-$17.14/unit) DEL, up from C$420-$430/mt (C$15.00-$15.36/unit) DEL at last report.