Phosphoric Acid

US Exports:               

July-March wet-process phosphoric exports totaled 251,688 st, up 34.5% from the year-ago 187,159 st. March imports rose 689.5%, to 42,937 st from the prior 5,439 st.

Eastern Cornbelt:

May phos acid postings in the Eastern Cornbelt continued at $14.00/unit rail-DEL.

Western Cornbelt:

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

Northern Plains:

Phos acid pricing for May shipments remained at $14.00/unit rail-DEL in the Northern Plains, unchanged from April.

India:

India phos acid contracts for the second quarter were reported at $970/mt P2O5 CFR, off $80/mt from $1,050/mt P2O5 CFR in 2Q, and below the week-ago $970-$1,050/mt P2O5 CFR range.