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   Non-TechUAN - The variable distribution MLP that could go a long way


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To: Elroy who wrote (198)9/20/2021 5:18:41 PM
From: Elroy
   of 772
 
UAN for Q1 2022 delivery at $412/ton today......

cmegroup.com

This is sort of getting ridiculous.....the Q1 buying is supposed to generally begin in November. I hope UAN company holds onto some inventory and doesn't pre-sell it all because these prices are beautiful.

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From: Elroy9/20/2021 11:15:35 PM
   of 772
 
If anyone wants to understand how UAN converts natural gas into ammonia and UAN, here ya go!

en.wikipedia.org


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From: Elroy9/21/2021 11:06:19 AM
   of 772
 
U.K. in Deal to Restart Fertilizer Output, Easing CO2 Crunch

finance.yahoo.com

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To: Elroy who wrote (200)9/21/2021 5:00:00 PM
From: Elroy
   of 772
 
UAN for Q1 delivery is now $438 ton…….

cmegroup.com

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From: Elroy9/21/2021 6:42:26 PM
   of 772
 
CF Industries Holdings, Inc. Commences Restart of Ammonia Plant at Billingham, UK, Complex

finance.yahoo.com

Safely restarting the ammonia plant at the Billingham Complex is expected to take several days.

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From: Elroy9/22/2021 7:24:28 PM
   of 772
 
DTN Retail Fertilizer Trends

dtnpf.com

On Sept. 15, CF Industries announced a halt in operations at two manufacturing facilities in the United Kingdom. Plants in Billingham and Ince, UK, are stopping production.

"The company does not have an estimate for when production will resume at the facilities," according to a CF Industries press release.

Then on Sept. 17 Yara announced it will curtail production at a at number of its European plants because record high natural gas prices in Europe are affecting ammonia production margins, according to a Yara press release.

By this week, Yara will have shut down around 40% of its European ammonia production capacity.

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From: Elroy9/23/2021 12:37:00 PM
   of 772
 
UAN unit price briefly hit a five year high today.

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To: Elroy who wrote (203)9/23/2021 6:06:18 PM
From: Elroy
   of 772
 
UAN for Q1 delivery now above $440/ton.

cmegroup.com

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From: Elroy9/24/2021 12:10:35 PM
   of 772
 
Another five year high unit price today

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From: Elroy9/26/2021 1:49:32 AM
   of 772
 
US GRAINS COUNCIL EXPECTS RECORD CHINESE CORN PURCHASES TO CONTINUE


https://brownfieldagnews.com/news/us-grains-council-expects-record-chinese-corn-purchases-to-continue/

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