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CVR Partners, LP Message Board

  • whodatposta whodatposta May 9, 2012 8:42 PM Flag

    Betting on UAN

    Thanks to CF's great marketing and distribution efforts, sales volumes of ammonia and urea were at record first-quarter highs. At the same time, prices of nutrients are holding up, too. Ammonia and urea prices were 21% and 24% higher, respectively, while urea ammonium nitrate fetched 9% more for the company. But UAN is more profitable than the others, and its prices, fortunately, have been rising steadily since last month.

    This also explains CF's focus on upgrading larger amounts of ammonia to UAN -- a move very similar to UAN specialist CVR Partners' (NYSE: UAN ) . CF started upgrading an extra 200,000 tons per year of ammonia since last quarter. Both companies are investing heavily on UAN expansion, something that could change their fortunes.

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    • I'm beginning to think the Icahn move is about other assets than the Coffeyville plant.It makes no sense to separate the Kansas refinery from the fertilizer plant.....there are other assets that could be spun my opinion the world economy and corn crop forecasts are affecting UAN stock price more than Icahn......

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