U.S. Exports:
March wet-process phosphoric acid exports dropped 87.4%, to 5,439 st from the prior-year 43,100 st. July-March exports were up 22.4%, however, to 187,159 st from the prior 152,954 st.
Eastern Cornbelt:
May pricing for phos acid remained at the $17.50/unit rail-DEL level in the Eastern Cornbelt.
Western Cornbelt:
Phos acid prices were steady at $17.50/unit rail-DEL in the Western Cornbelt for May tons.
Northern Plains:
Phos acid pricing for May shipments was quoted at $17.50/unit rail-DEL in the Northern Plains, unchanged from April.
Great Lakes:
The phos acid market was pegged at $17.50/unit rail-DEL in the Great Lakes region for May tons, unchanged from the April price.
India:
The first-quarter India phosphoric acid contract was set at $1,530/mt P2O5 CFR, up $200/mt from the preceding agreement. Supplier offers for the next round of contracting were rumored around $2,000/mt P2O5 CFR, with nothing settled as of May 12.