Fertilizers, Chemicals
September 04, 2025
Platts launches two urea ammonium nitrate CFR US East Coast assessments, amends methodology of existing UAN CFR East Coast range assessment
Platts, part of S&P Global Commodity Insights, has launched two weekly price assessments for 32% nitrogen urea ammonium nitrate (UAN) solution, CFR Baltimore, Maryland, and CFR Wilmington, Delaware, effective Sept. 4, 2025.
The assessments capture more granular market activity on the US East Coast and complement Platts' existing coverage of the UAN market in the country.
The assessments have the following specifications:
Assessment Name: Urea Ammonium Nitrate CFR Baltimore, Maryland
- Symbol: FUZAC04
- Quality: 32% N UAN Solution
- Quantity: 5,000-10,000 mt
- Basis and location: CFR Baltimore, Maryland
- Timing: Deliveries between 30 and 60 days from the date of publication
- Frequency: Weekly
- Unit of assessment: $/mt
Assessment Name: Urea Ammonium Nitrate CFR Wilmington, Delaware
- Symbol: FUZAD04
- Quality: 32% N UAN Solution
- Quantity: 5,000-10,000 mt
- Basis and location: CFR Wilmington, Delaware
- Timing: Deliveries between 30 and 60 days from the date of publication
- Frequency: Weekly
- Unit of assessment: $/mt
The weekly price assessments are published as a single "close" value to a 1630 Sao Paulo timestamp and follow the Sao Paulo publishing calendar.
Alignment of weekly range assessment methodology
Additionally, the weekly range for UAN (32%N) CFR USEC (FUANF04) now reflects the lowest and highest values published from the weekly UAN CFR Baltimore, Maryland, and UAN CFR Wilmington, Delaware, assessments, effective Sept. 4, 2025.
No fresh market information will be taken into account.
For example, if on a particular week, UAN CFR Baltimore, Maryland, is assessed at $500/mt and UAN CFR Wilmington, Delaware, is assessed at $520/mt, UAN CFR USEC (FUANF04) will be assessed at $500-$520/mt.
Platts has also aligned the specifications of the weekly range for UAN (32%N) CFR USEC (FUANF04) with the above-mentioned UAN CFR Baltimore, Maryland, and UAN CFR Wilmington, Delaware, assessments.
The updated specifications for the UAN (32% N) CFR USEC (FUANF04) are as follows:
| Previous specifications | Current specifications | |
| Assessment Name | Urea Ammonium Nitrate (32% N) CFR USEC $/mt Wkly (FUANF04) | Urea Ammonium Nitrate CFR US East Coast, 32% N (FUANF04) |
| Quality | 32% N UAN Solution | 32% N UAN Solution |
| Quantity | Minimum 1,500 mt | 5,000-10,000 mt |
| Basis and location | Loading out of all East Coast US ports | CFR Baltimore, Maryland and CFR Wilmington, Delaware. The low and high of the range assessment is derived from the weekly UAN CFR Baltimore, Maryland, and CFR Wilmington, Delaware, assessment. |
| Timing | Product to be shipped up to 30 days forward | Deliveries between 30 and 60 days forward from the date of publication |
| Frequency | Weekly | Weekly (Thursdays) |
| Unit of assessment | $/mt | $/mt |
| Timestamp | 1630 Sao Paulo, published according to the Sao Paulo publishing calendar | 1630 Sao Paulo, published according to the Sao Paulo publishing calendar |
This assessment currently appears in the Nitrogen Market Report, US Fertilizer Report and on Platts Connect.
Platts originally proposed to launch two new UAN CFR US East Coast assessments and update the specifications of its existing UAN CFR USEC price assessment on July 3 in a subscriber note available here, which was then followed by a decision subscriber note published July 28, available here.
Please send any feedback, questions and comments on this to fertilizer@spglobal.com and pricegroup@spglobal.com.
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