Phosphoric Acid

Eastern Cornbelt:

Phos acid pricing was steady at $13.45/unit rail-DEL in Illinois and $13.60/unit rail-DEL in Ohio for April shipment.

Western Cornbelt:

Phos acid pricing was unchanged at $13.35/unit rail-DEL in Nebraska, Missouri, and Iowa for April tons.

California:

The phos acid market remained at $14.00/unit rail-DEL in California, with MGA referenced at the $14.20/unit level FOB Lathrop and El Centro.

Pacific Northwest:

April phosphoric acid postings were quoted at $13.50/unit FOB Pocatello, Idaho, with rail-DEL offers ranging from $14.00-$14.15/unit in the Pacific Northwest, depending on supplier.

India:

Second-quarter contract talks between Indian buyers and sellers in North America remained in progress, sources confirmed. Despite the lack of a settlement, pricing was widely expected to eventually fall in line with OCP’s previously announced $998/mt CFR contract level.

For now, the market remained in a wide range at $795-$998/mt P2O5 CFR due to the lack of seller agreement.