U.S. Exports:
Wet-process phosphoric acid exports for December softened 16.9 percent, to 4,568 st from 5,497 st. July-December shipments moved 35.5 percent higher, however, to 139,255 st from 102,768 st in the prior year.
Eastern Cornbelt:
The phos acid market was unchanged at $16.20/unit rail-DEL in Illinois and $16.35/unit rail-DEL in Ohio.
Western Cornbelt:
Phos acid prices remained at $16.10/unit in Iowa, Nebraska, and Missouri for February tons.
California:
February pricing for phos acid was pegged at $16.35/unit rail-DEL in California, unchanged from January, with MGA referenced at $16.55/unit FOB Lathrop.
Pacific Northwest:
Thephos acid market for February was quoted at $15.85/unit FOB Pocatello, Idaho, and $16.35/unit rail-DEL in the Pacific Northwest, unchanged from January.
India:
India phosphoric acid contracts for Q4 2021 were valued at $1,330/mt P2O5 CFR. Negotiations for next-quarter agreements were likely to result in a triple-digit increase, players speculated.