Phosphoric Acid

Eastern Cornbelt:

May pricing for phos acid remained at the $17.50/unit rail-DEL level in the Eastern Cornbelt.

Western Cornbelt:

Phos acid prices were steady at $17.50/unit rail-DEL in the Western Cornbelt for May tons.

California:

May pricing for phos acid was quoted at $17.50/unit rail-DEL in California, unchanged from April, with MGA referenced at $17.70/unit FOB Lathrop.

Pacific Northwest:

Thephos acid market for May was unchanged at $17.00/unit FOB Pocatello, Idaho, and $17.50/unit rail-DEL in the Pacific Northwest.

India:

Sources continued to peg the most recent India phosphoric acid contract at $1,530/mt P2O5 CFR, up $200/mt from the prior $1,330/mt P2O5 CFR agreement. Increased values are expected in the next round of contracting.