Phosphoric Acid

Eastern Cornbelt:

May phos acid postings in the Eastern Cornbelt remained at $14.00/unit rail-DEL, but prices for June were slated to drop to $9.50/unit DEL.

Western Cornbelt:

Phos acid was unchanged at $14.00/unit rail-DEL in the Western Cornbelt for May tons. A drop to $9.50/unit DEL is scheduled for June.

Northern Plains:

Phos acid pricing remained at $14.00/unit rail-DEL for May tons in the Northern Plains, but June pricing is reportedly dropping to $9.50/unit DEL in the region.

India:

Contracts for phos acid delivered to India in the second quarter were valued at $970/mt P2O5 CFR, sources said, off $80/mt from $1,050/mt CFR in the prior period.