US NOLA: UAN indications creep up, Chinese AS

摘要

There appears to have been no prompt physical UAN business in recent days, but many traders have raised their expectations for what it would take to complete spot business to $200-205/st FOB for UAN-32. Prior business below $200/st FOB has not been repeated in recent days, although bids for paper positions for Q4 and Q1 suggest lower values.