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August 05, 2026
Platts, part of S&P Global Energy, will amend the methodology and specifications of its weekly US Domestic Urea Ammonium Nitrate (UAN) price assessment, effective Sept. 3, 2026.
Following market feedback and a review of trading activity, Platts will introduce a daily close value and update the assessment specifications to better reflect prevailing spot market liquidity and trading practices in the US Gulf Coast UAN market.
The low and high elements of the assessment will be standardized at $1/short ton above and below the assessed close value. As well as introducing a close value, Platts will adjust the basis volume, timing, and location to better reflect market activity.
The amendments are detailed below:
| Specification | Current | Effective Sept. 3 |
| Assessment Name | Urea Ammonium Nitrate FOB NOLA, US Domestic, 32%N (FUAND04) | Urea Ammonium Nitrate FOB NOLA, US Domestic, 32%N (FUAND04) |
| Quality | 32% N UAN Solution | 32% N UAN Solution |
| Quantity | Minimum 1,500 st | 1,500 st (barge load) |
| Basis and location | Loading out of New Orleans, USA on FOB barge basis; excludes netbacks from inland prices | FOB New Orleans, Louisiana |
| Timing | Product to be loaded within 30 days forward | Loading 1-30 days forward from date of publication |
| Frequency | Weekly | Weekly |
| Unit of assessment | $/st | $/st |
| Timestamp | 16:30 São Paulo close, published according to the São Paulo publishing calendar | 16:30 São Paulo close, published according to the São Paulo publishing calenda |
The assessment will continue to be published weekly on Thursday. If Thursday is a non-publishing day, the assessment is published on the previous working day.
The assessment appears in Energy Core, the Platts Fertecon Nitrogen Market Report, the US Fertilizer Report, and on fixed page FEA0363.
Platts originally proposed to update its US Domestic Urea Ammonium Nitrate price assessment on July 13, in a subscriber note available here.
Please send any feedback, questions and comments to fertilizer@spglobal.com and pricegroup@spglobal.com.
For written comments, please provide a clear indication if comments are not intended for publication by Platts for public viewing.
Platts will consider all comments received and will make comments not marked as confidential available upon request.