Eastern Cornbelt:
Phos acid postings in the Eastern Cornbelt remained at the $10.15/unit rail-DEL level for September tons.
The phos acid price for September continued at $10.15/unit rail-DEL in the Western Cornbelt.
Southern Plains:
The phos acid market was pegged at the $10.15/unit rail-DEL level for September shipments in the Southern Plains.
India:
Jordan Phosphate Mines Co. (JMPC) confirmed in a filing to the Amman Stock Exchange last week that it has agreed to fourth-quarter phosphoric acid contract prices with an Indian company – reported to be Coromandel – at $985/mt CFR with 30 days credit, marking a $135/mt increase on the $850/mt CFR third-quarter contract.
The Jordanian producer said it will supply 100,000 mt of phos acid under the fourth-quarter contract. Another supplier is reported to have subsequently agreed to fourth-quarter contract phosphoric acid prices with Coromandel at the same price.