Phosphoric Acid

U.S. Export:

North American phosphoric acid producers on July 20 confirmed the settlement of updated quarterly agreements with buyers in India, matching previously reported deals from OCP valued at $1,160/mt P2O5 CFR.

Eastern Cornbelt:

Phos acid prices remained at $13.15/unit rail-DEL in Illinois and Wisconsin, and $13.30/unit rail-DEL in Ohio for July shipments.

Western Cornbelt:

Phos acid pricing for July was steady at $13.05/unit rail-DEL in Nebraska, Missouri, and Iowa.

California:

The phos acid market remained at $13.75/unit rail-DEL in California for July shipment, with MGA referenced at the $13.95/unit level FOB Lathrop and El Centro. Sources said they expect no pricing changes for August.

Pacific Northwest:

The phosphoric acid market was unchanged at $13.25/unit FOB Pocatello, Idaho, and $13.75/unit rail-DEL in the Pacific Northwest for July tons.

India:

Quarterly India phos acid contracts were valued at $1,160/mt P2O5 CFR, a $162/mt increase from $998/mt P2O5 CFR in the prior period. The price covered material loading from both Morocco and North America.