Phosphoric Acid

Eastern Cornbelt:

May phos acid postings in the Eastern Cornbelt remained at $14.00/unit rail-DEL, unchanged from April.

Western Cornbelt:

Phos acid was unchanged at $14.00/unit rail-DEL in the Western Cornbelt for May tons.

California:

May pricing for phos acid was steady at $14.00/unit rail-DEL in California, with MGA referenced at $14.20/unit FOB Lathrop.

Pacific Northwest:

The phos acid market for May remained at $13.50/st FOB Pocatello, Idaho, and $14.00/unit rail-DEL in the Pacific Northwest, unchanged from April.

India:

US phos acid suppliers reported settling second-quarter contracts with buyers in India at $970/mt P2O5 CFR, down $80/mt from $1,050/mt P2O5 CFR in the first quarter.

It was not immediately clear whether other international suppliers had also settled updated contracts, leaving the India phos acid price in a wide $970-$1,050/mt P2O5 CFR range for the week.