UAN-32 barge price declined for the second week in a row since CF summer fill offers were posted June 24 to $115-117/st ($3.59-3.66/unit) FOB New Orleans. This reflects an average price decline of $2/st week-on-week. CF did not impose a deadline to order based on offer’s prices and was flexible on product delivery. However, lack of sufficient demand on the back of the growing uncertainty for the next fertilizer year coupled with indications of higher than expected carryover inventories have forced CF to adjust its summer fill offers to this week lower price in New Orleans.
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