JPMC sets global phosphoric acid prices for fourth quarter 2023

AMMAN — The Jordan Phosphate Mines Company (JPMC) has established global prices for phosphoric acid sales in the fourth quarter of this year. 

After several rounds of negotiations, the agreement involved one of India's largest consumers of phosphoric acid which had a price increase of $135 per tonne over the previous rate. 

The JPMC on Tuesday announced that it agreed to export 100,000 tonnes of phosphoric acid for the fourth quarter of 2023 at a rate of $985 per tonne, instead of $850 per tonne, according to the Jordan News Agency, Petra.