Phosphoric Acid

Eastern Cornbelt:

December pricing for phos acid was up $0.75/unit, to $16.15/unit rail-DEL in Illinois and $16.30/unit rail-DEL in Ohio.

Western Cornbelt:

Phos acid pricing for December was reported at $16.05/unit rail-DEL in Iowa, Nebraska, and Missouri, up $0.75/unit from November.

Southern Plains:

December pricing for phos acid was up $0.75/unit from November, with new postings reported at $16.05/unit rail-DEL in Kansas, Colorado, and Wyoming; $16.15/unit rail-DEL in Oklahoma, and Texas; and $16.30/unit rail-DEL in Louisiana.

India:

Contracts for phosphoric acid selling into India were quoted at $1,330/mt CFR for the fourth quarter, a $170/mt jump from $1,160/mt CFR in the prior period.

Bangladesh:

A tender by BCIC closed on Dec. 8 for phos acid with 52-54 percent P2O5 content. Sources said an offer from Morocco was at $918/mt FOB, for a price into Bangladesh at $1,700-1,765/mt CFR. One trader noted that this could lead to another price rise in the Morocco-India talks.