US Gulf:
NOLA UAN remained at $270-$280/st ($8.44-$8.75/unit) FOB for the last confirmed barge business, with reports that 1Q deliveries are slowly catching up after earlier delays.
US Imports:
January UAN imports were 186,089 st, down 51.9% from the year-ago 386,583 st. July-January volumes totaled 1.27 million st, a 21.9% decrease from 1.63 million st in the prior year. Russia sent 728,439 st for July-January, Canada shipped 239,086 st, and Trinidad and Tobago added 263,411 st.
US Exports:
UAN exports for January stood at 135,863 st, down 33.2% from the year-ago 203,324 st. July-January exports totaled 1.21 million st, a 27.8% fall from the 1.67 million st posted one year earlier. France purchased 364,866 st of US product in July-January, Australia took 257,298 st, and Argentina received 190,019 st.
Eastern Cornbelt:
The UAN-32 market widened to $300-$325/st ($9.38-$10.16/unit) FOB regional terminals, depending on location and time of delivery, with the Cincinnati market pegged at $300-$310/st ($9.38-$9.69/unit) FOB for prompt tons. UAN-28 offers slipped to $263-$275/st ($9.39-$9.82/unit) FOB Cincinnati.
Western Cornbelt:
UAN-32 was unchanged at $300-$320/st ($9.38-$10.00/unit) terminals in the Western Cornbelt, depending on location and time of shipment, with the high reported in Iowa on a spot basis.
California:
UAN-32 pricing in California firmed to $350-$360/st ($10.94-$11.25/unit) FOB Stockton, up $10/st from last report, with rail-DEL tons quoted at $355-$365/st ($11.09-$11.41/unit) in the state, depending on location.
Pacific Northwest:
UAN-32 strengthened to $345/st ($10.78/unit) FOB Kennewick, Wash., at mid-month, up from the prior $335/st ($10.47/unit) FOB level. Delivered pricing was pegged at $350/st ($10.94/unit) in the Pacific Northwest.
Western Canada:
UAN-28 prices in Western Canada strengthened to a solid C$480/mt (C$17.14/unit) DEL, up from the prior C$455-$480/mt (C$16.25-$17.14/unit) DEL range.
France:
UAN prices in France were slightly softer this week. Producer offers were down €5/mt, to €240/mt FCA, with unconfirmed sales reported at €235/mt FCA.European suppliers to Rouen can find some comfort in the modest new import arrivals, with the US market attracting significant Baltic volumes due to its premium price.