Phosphoric Acid

Eastern Cornbelt:

June phos acid postings in the Eastern Cornbelt continued to be reported at the $9.50/unit rail-DEL level, but an increase to $9.65/unit DEL is scheduled for July 1.

Western Cornbelt:

Phos acid was unchanged at $9.50/unit rail-DEL for June tons in the Western Cornbelt. An increase to $9.65/unit rail-DEL is slated for July.

Southern Plains:

Phos acid pricing remained at $9.50/unit rail-DEL in the Southern Plains for June tons, but a posted increase to $9.65/unit rail-DEL is scheduled for July 1.

Western US:

July phos acid pricing in California and the Pacific Northwest is scheduled to drop to $9.75/unit rail-DEL, down from June’s $14.00/unit DEL posting.

India:

India phos acid contracts were valued at $970/mt P2O5 CFR for the second quarter, an $80/mt decline from $1,050/mt P2O5 CFR in the prior period.