US Gulf:
The NOLA UAN market remained at $220-$225/st ($6.88-$7.03/unit) FOB for the latest indications, though sources once again confirmed no new barge business during the week. Sources reported good sidedress movement in the Midwest, with demand centered in the Cornbelt and Southern Plains.
US Imports:
April UAN imports firmed 127.1%, to 397,171 st from the year-ago 174,869 st. Imports totaled 2.06 million st in July-April, however, off 10.9% from 2.34 million st in the prior year. Russia sent 1.12 million st for July-April. Trinidad and Tobago shipped 471,745 st, ahead of 402,783 st from Canada.
US Exports:
April UAN exports were noted at 22,601 st, a 78.0% decline from the year-ago 102,526 st. July-April volumes were off 31.4%, at 1.42 million st compared to the 2.06 million st posted one year earlier. France purchased 375,889 st of UAN from the US in July-April, Australia took 337,767 st, and Argentina received 210,302 st.
Eastern Cornbelt:
The UAN-32 market remained at $255-$270/st ($7.97-$8.44/unit) FOB in the Eastern Cornbelt, with the low reported at Mount Vernon, Ind. The latest Cincinnati offers continued at $265/st ($8.28/unit) FOB for UAN-32 and $231.88/st ($8.28/unit) FOB for UAN-28.
Western Cornbelt:
UAN-32 was unchanged at $260-$275/st ($8.13-$8.59/unit) FOB in the Western Cornbelt, with the low confirmed at St. Louis and the high in Iowa.
Northern Plains:
The UAN-32 market dipped to $265-$280/st ($8.28-$8.75/unit) FOB Minnesota terminals. Reference prices for UAN-28 in North Dakota included $270/st ($9.64/unit) FOB and $315/st ($11.25/unit) DEL for tons shipped from Canada.
Northeast:
UAN-32 in the Northeast was quoted at $285-$295/st ($8.91-$9.22/unit) FOB Baltimore and Fairless Hills during the week. The latest offers out of terminals in upstate New York were reported at the $340/st ($10.63/unit) FOB level.
The 27-0-0-3S market was pegged at $258/st FOB Baltimore, down $12/st from last report, while 28-0-0-5S pricing was reported at the $292/st level FOB Baltimore.
Eastern Canada:
UAN-28 in Eastern Canada slipped to C$406-$460/mt (C$14.50-$16.43/unit) FOB in mid-June, down C$10/mt at the bottom of the range. The UAN-32 market in Ontario was down C$11/mt, to the C$464/mt (C$14.50/unit) FOB level.
France:
UAN purchasing at Rouen has slowed down, with the French market reported as more than 50% covered for the 2024/25 season. UAN prices were stable at €245-€265/mt FCA.