Material Insights · Understanding the Material World

Phosphoric acid: Feedstocks

Why owning rock and cheap sulphur wins the cost race

What this tab covers What it is made from and what it feeds: the raw materials and energy per tonne with their share of cost (linked to the commodity table), who is low-cost and why, and the chemicals made from it.

Acid is rock plus sulphuric acid, with steam for concentration. Rock grade and impurities set acid consumption and filtration speed, and sulphur sets the cost of acid. Producers who mine their own rock and have cheap sulphur, like OCP, Ma'aden and Mosaic, sit lowest on the cost curve. Indian and Chinese non-integrated plants buy both inputs and suffer most when sulphur spikes.

Inputs per tonne

InputQuantity per tonneRoleShare of costSource
P Phosphate rockabout 3.3 t at 30-32% P2O5 per t P2O5 (indicative)phosphorus sourceabout 20-30% of cash cost (indicative)Phosphate tile; indicative
S Sulfurabout 0.9 t S (2.6-2.8 t H2SO4) per t P2O5 (indicative)digestion acidabout 40-60% at 2026 sulphur prices (indicative)Sulfur tile; indicative
Steam and powerabout 2-4 t steam per t P2O5 for evaporation, often from the sulphur burner (indicative)concentrationsmall where integratedIndicative

Who is low-cost, and why

OCP, Ma'aden and Mosaic, with own rock and large sulphur burners, are lowest cost. JPMC and Tunisian producers have rock but buy sulphur. Indian plants that import rock, sulphur and ammonia are high cost and rely on the Nutrient Based Subsidy to sell DAP.

Raw materials on the commodity table

P Phosphate rockS Sulfur

What it is made into

ProductNote
DAP DAP and MAPabout 60% of acid (indicative)
CAM Battery cathode materialsiron phosphate for LFP
Fd Food and feed additivesfood phosphates and acidulant in cola drinks
WT Water treatment chemicalsphosphate scale and corrosion inhibitors
HF Hydrofluoric acidfluorosilicic acid by-product is an alternative fluorine source