phosphoric acid is intermediate in the process of manufacturing phosphate fertilizers (such as DAP).
"OCP/Morocco and its joint-venture partners PPL/Zuari,
Tata Chemicals have settled a new phosphoric acid
contract price at $530/mt P2O5 CFR which applies to
cargoes shipped during September only. The new contract
price is up $24/mt on August at $506/mt P2O5 CFR."
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