Phosphoric Acid

US Exports:                                 

May wet-process phosphoric acid exports moved 21.7% higher, to 11,413 st from 9,375 st in May 2022. July-May totals were up 14.6% year-over-year, rising to 274,362 st from 239,369 st.

India received 176,919 st of US phos acid in the July-May period, topping both 61,694 st to Mexico and 32,421 st sent to Canada.

Eastern Cornbelt:

July phos acid postings in the Eastern Cornbelt were quoted at $9.65/unit rail-DEL.

Western Cornbelt:

Phos acid postings remained at $9.65/unit rail-DEL in the Western Cornbelt for July tons.

Northern Plains:

Phos acid pricing was pegged at the $9.65/unit rail-DEL level for July shipments in the Northern Plains.