This chart shows Phosphoric Acid price assessments in USA Dollar per metric ton (USD/mt) in 6 locations, as follows:
- Phosphoric Acid (Fertil), US (United States): Phosphoric Acid (fertilizer), export contract price, fob, United States (netback from cfr India), price per mt P2O5
- Phosphoric Acid (Food), CN (China): Phosphoric Acid (food grade), domestic spot price, exw, China, price per mt P2O5
- Phosphoric Acid (Fertil), SEA (Southeast Asia): Phosphoric Acid (fertilizer), import contract price, cfr, India, price per mt P2O5
- Phosphoric Acid (Fertil), SAM (South America): Phosphoric Acid (fertilizer), import contract price, cif, Brazil (netforward from fob Morocco), price per mt P2O5
- Phosphoric Acid (Fertil), AFR (Africa): Phosphoric Acid (fertilizer), export contract price, fob, Morocco (netback from cfr India), price per mt P2O5
- Phosphoric Acid (Fertil), EUR (Europe): Phosphoric Acid (fertilizer), import contract price, cif, Netherlands (netforward from fob Morocco), price per mt P2O5
The chart above is a sample of Intratec Primary Commodity Prices. Subscribe and access now current prices of 225 commodities, including Phosphoric Acid.
Data Use
Phosphoric Acid prices are provided as an annual subscription where subscribers have access to reliable pricing data of 225 commodities worldwide.
Intratec's methodology employs a structured big data strategy that utilizes advanced technologies to extract publicly available data from primary sources such as governmental trade records, statistics bureaus, and international agencies.
This data is then processed through mathematical models to generate reliable assessments, published at the very beginning of each month. To better understand the data provided check Intratec Primary Commodity Prices Methodology.
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Phosphoric Acid Price Outlook
Phosphoric Acid Price Outlook. The price of Phosphoric Acid (United States) increased during June 2020 to 549 USD per metric ton, which represents a considerable rise of 15% compared to the previous month’s value. On a year-over-year basis, the prices of Phosphoric Acid (United States) decreased significantly by 14%. Meanwhile, the average price of Phosphoric Acid (China) amounted to 687 USD per metric ton, from 667 USD per metric ton one year earlier. On a month-over-month basis, the price of Phosphoric Acid (China) is 6% lower than the price one month before.
The price of Phosphoric Acid (Southeast Asia) rose slightly throughout June 2020, reaching 612 USD per metric ton. The price is 1% higher than the average price in the previous month and 14% lower than the average price one year before. In contrast, the prices of Phosphoric Acid (Africa) decreased modestly during June 2020, reaching 582 USD per metric ton, which means a decline of 3% from the previous month’s price and a decline of 13% from the previous year’s price.
The prices of Phosphoric Acid (Europe) experienced a decline of 28 USD per metric ton from the prior month's price, to 595 USD per metric ton. Such price movement meant a decrease of 4% on a monthly basis and a decrease of 13% on a yearly basis. On the other hand, in June 2020, the price of Phosphoric Acid (South America) witnessed a decline of 45 USD per metric ton when compared against the previous month's price, to 612 USD per metric ton. The June 2020 price is 13% lower than the price one year before.
About Phosphoric Acid
About Phosphoric Acid. Phosphoric Acid is a colorless, odorless, and non-volatile inorganic compound, soluble in both water and ethanol. It is not considered a strong acid, but aqueous solutions can severely irritate the skin and damage the eyes.
Phosphoric Acid is one of the most produced mineral type acids. It is manufactured by the digestion of rocks containing P2O5, which are referred as phosphate rocks.
Phosphoric Acid Handling. Phosphoric Acid is often stored in steel tanks lined with neoprene, butyl or natural rubber, although stainless steel is also used. The storage area should be cool, dry, well ventilated, out of direct sunlight, and away from sources of heat and ignition. The tanks should be tightly closed, properly labeled and, in cases in which the solids are not thoroughly separated, must also be equipped with some mechanism to keep the solids in suspension (e.g., agitators, circulation pump). The acid produced in wet processes usually contains appreciable amounts of fluoride and chloride ions that greatly increase its corrosivity, making the storage area vulnerable to leakage. The product is shipped in solid form or in solution.
Phosphoric Acid Production. Raw materials and the respective production processes employed in the manufacturing of Phosphoric Acid are listed below.
- Apatite + sulfuric acid (wet phosphoric acid hemihydrate process; coproduced with calcium sulfate hemihydrate),
- Apatite + sulfuric acid (wet phosphoric acid dihydrate process; coproduced with gypsum)
Phosphoric Acid Uses. The uses and applications of Phosphoric Acid may vary according to its specification. The main forms of Phosphoric Acid are merchant/fertilizer grade and food or technical grade. The main concentrations marketed for these grades are 75% H3PO4 solution and 85% H3PO4 solution, with 54% and 62% P2O5 content, respectively.