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US UAN river values fell to $510-530/ton as distributors cut offers to secure year-end sales. Urea barge values at NOLA dropped from $710 in September to $450/ton by late November, and have since ticked slightly higher amid thin liquidity.
Weak US nitrogen demand and lower urea barge values pressure UAN prices, though suppliers expect UAN interest to recover as spring purchasing begins.
profercy.comChris YearsleyDec 9, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
