Phosphoric Acid

US Exports:

Wet-process phosphoric acid exports rose 35.2% in July-December, to 188,274 st from the year-ago 139,255 st. Shipments totaled 47,372 st for December, up 937.0% from 4,568 st.

Eastern Cornbelt:

February phos acid postings in the Eastern Cornbelt were unchanged at $14.00/unit rail-DEL.

Western Cornbelt:

Phos acid pricing remained at $14.00/unit rail-DEL in the region for February tons.

California:

February pricing for phos acid was unchanged at $14.00/unit rail-DEL in California, with MGA referenced at $14.20/unit FOB Lathrop.

Pacific Northwest:

The phos acid market for February remained at $13.50/st FOB Pocatello, Idaho, and $14.00/unit rail-DEL in the Pacific Northwest, unchanged from January.

India:

India phosphoric acid contracts for the first quarter were quoted at $1,050/mt P2O5 CFR, below $1,100-$1,200/mt P2O5 CFR in fourth-quarter 2022.