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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (66782)	3/3/2021 6:15:50 PM
From: Lesser_Ape	1 Recommendation Recommended By Area51 Read Replies (2) \| Respond to of 78814

UAN spot prices have doubled from UAN’s reported Q4 levels. Yeah, this is what I think you've got wrong. I think when you say, "spot prices", you mean "retail prices" (if the spot price number you're thinking about is $288, that's what I'm calling retail). Or is there some source you're using for spot prices that is different for retail pricing? The thing is, UAN's reported Q4 numbers aren't comparable to those retail prices. In Q4, 2020, retail prices of UAN32 were around $250 (on the same chart that shows current prices at $288). But the average UAN32 price UAN was getting--per its Q4 earnings report--was $139. That's not $250. What would clear this up for me would be if you could cite one single data source with both Q4 2020 and current Q1 2021 pricing that shows that UAN32 prices have doubled. (i.e. not taking current prices from one source, and historical prices from another source.) (I'd post the link to the chart I've been using, but SI won't let me.)