US Gulf:
NOLA UAN continued in the $270-$280/st ($8.44-$8.75/unit) FOB range for the latest indications, though no new trades were reported during the week. There were rumors of one producer offering barges loading in late April that would equate to $245-$255/st FOB NOLA, but no actual business was reported at that level.
Eastern Cornbelt:
UAN-32 was quoted at $305-$320/st ($9.53-$10.00/unit) FOB in the Eastern Cornbelt, with the low confirmed out of spot Illinois River locations. The East Dubuque, Ill., market was pegged at the $310-$320/st ($9.69-$10.00/unit) FOB level, with the latest Cincinnati offers holding at $310-$315/st ($9.69-$9.84/unit) FOB.
UAN-28 pricing at Cincinnati was steady at $272-$276.63/st ($9.71-$9.88/unit) FOB for prompt tons.
Western Cornbelt:
UAN-32 remained at $310-$325/st ($9.69-$10.16/unit) FOB terminals in the Western Cornbelt, depending on location and time of shipment. In the Southern Plains, April business was also confirmed at the $310/st ($9.69/unit) FOB level out of Oklahoma production points in mid-April.
Northern Plains:
The UAN-32 market was quoted at $310-$330/st ($9.69-$10.31/unit) FOB terminals in Minnesota, with the latest UAN-28 offers remaining at the $325/st ($11.61/unit) DEL level in the Northern Plains for tons from Canada.
Great Lakes:
Michigan sources pegged UAN-28 offers in a broad range at $293-$312/st ($10.46-$11.14/unit) FOB, down slightly from last report, with the high confirmed for prompt tons at Bay City and Muskegon. UAN-32 offers in Wisconsin were quoted at the $330/st ($10.31/unit) DEL level in mid-April.
Northeast:
No UAN offers were reported out of Baltimore, Md., again this week following the collapse of the Francis Scott Key Bridge on March 26 (GM March 29, p. 1). Sources said there were conflicting reports about when a temporary channel will be opened and how much traffic would be allowed to access the port.
“One supplier told me that it will be open around the end of April for partially loaded vessels due to only a 35-foot draft, while another supplier said it will be the end of May before fertilizer can come into the port,” said one regional contact. “I do not know who is correct.”
“There are no UAN sales ex-Baltimore, nor can we import and [there is] no definitive outline when we can import,” added another source.
The latest UAN-32 offers were quoted at $310/st ($9.69/unit) FOB Fairless Hills or Philadelphia, Pa., depending on timing, while pricing out of inland terminals in upstate New York jumped to $365/st ($11.41/unit) FOB, up $15/st from late March.
Eastern Canada:
UAN-28 pricing in Eastern Canada was quoted at C$420-$460/mt (C$15.00-C$16.43/unit) FOB, down from the prior low of C$448/mt (C$16.00/unit) FOB. The UAN-32 market in Ontario slipped to C$480/mt (C$15.00/unit) FOB, below the previous C$512/mt (C$16.00/unit) level.
France:
With buyers absent, the market rife with Russian UAN, and new-season prices lower at €215-€220/mt FCA, prompt Rouen UAN prices were down €5/mt at the high end of the range, to €235-€245/mt FCA.