Phosphoric Acid

Eastern Cornbelt:

June phos acid postings in the Eastern Cornbelt continued to be reported at the $9.50/unit rail-DEL level, well below May’s $14.00/unit rail-DEL posting.

Western Cornbelt:

Phos acid remained at $9.50/unit rail-DEL for June tons in the Western Cornbelt.

California:

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

Pacific Northwest:

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

India:

Phosphoric acid contracts at India were valued at $970/mt P2O5 CFR for the second quarter, sources said. The market was priced at $1,050/mt P2O5 CFR in the first quarter, an $80/mt difference.