Phosphoric Acid

Eastern Cornbelt:

The phos acid market remained at January pricing levels of $16.20/unit rail-DEL in Illinois and $16.35/unit rail-DEL in Ohio.

Western Cornbelt:

Phos acid prices were quoted at $16.10/unit in Iowa, Nebraska, and Missouri for January tons.

California:

January pricing for phos acid was pegged at $16.35/unit rail-DEL in California, up $0.05/unit from December, with MGA referenced at $16.55/unit FOB Lathrop.

Pacific Northwest:

Thephos acid market for January was quoted at $15.85/unit FOB Pocatello, Idaho, and $16.35/unit rail-DEL in the Pacific Northwest, up $0.05/unit from December.

India:

Fourth-quarter India phosphoric acid contracts were noted at $1,330/mt P2O5 CFR, up $170/mt from $1,160/mt CFR in the third quarter. First-quarter contract talks were reportedly in progress during the week.

Bangladesh:

BCIC issued a tender on Jan. 21 for the purchase of 30,000 mt P2O5of phosphoric acid for shipment to Chittagong in three lots. Shipments of the first and second lots are requested to be made within 30 days from the date of the opening of the L/C, and the third shipment is to be made within 40 days of the L/C opening. The tender closes on March 7.