Eastern Cornbelt:
Phos acid prices for October remained at $14.90/unit rail-DEL in Illinois and Wisconsin, and $15.05/unit rail-DEL in Ohio, up $1.55/unit from September.
Western Cornbelt:
Phos acid pricing for October was steady at $14.80/unit rail-DEL in Iowa, Nebraska, and Missouri.
California:
Phos acid prices in California were quoted at $15.05/unit rail-DEL for October, up $1.30/unit from September pricing, with MGA referenced at the $15.25/unit level FOB Lathrop.
Pacific Northwest:
Thephos acid market firmed to $14.55/unit FOB Pocatello, Idaho, and $15.05/unit rail-DEL in the Pacific Northwest on Oct. 1, up $1.30/unit from September.
India:
Sources said talks with OCP/Morocco for third-quarter prices now show indications of a much higher price increase than originally expected.
Last month, sources said the price would be around $1,100-$1,200/mt CFR. Now, said sources, the talks are focusing on $1,300-$1,400/mt CFR. The jump came as European prices reportedly moved up to $1,300/mt CFR.
The higher price for phos acid will continue to make it harder for Indian DAP producers to turn out product at rates lower than the current international market.