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Thursday, 5 December 1974
Page: 4730

Mr Lloyd asked the Minister representing the Minister for Agriculture, upon notice:

What is the present f.o.b. price of rock phosphate from (a) Morocco, (b) Nauru, (c) Christmas Island and (d) Ocean Island.

Dr Patterson - The Minister for Agriculture has provided the following answer to the honourable member's question:

The most recent prices quoted for phosphate rock from Morocco range from US$70.88 to US$75.00 ($A54.02 to $A57. 16) per tonne f.o.b., depending upon the grade of rock. The price of phosphate from Morocco, the world's leading exporter, influences the price of Florida rock and phosphate sold on the world market from other sources. The prices of Nauru and Ocean Island rock vary directly in relation to the. Florida price which is quoted at US$47.50 ($A36.20) per tonne f.o.b.

The f.o.b. prices for different grades of rock from Nauru and Ocean Island for use in Australia are negotiated by the British Phosphate Commissioners under fixed contracts and are treated as confidential by the parties involved.

Christmas Island phosphate rock is not traded on the world market but rather mined by the Christmas Island Phosphate Commission for use in Australia and New Zealand. The current f.o.b. contract price for high grade Christmas Island phosphate, based on production costs, is $A7.00 per tonne.

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