Market Wrap 2526
Phosphorus: the avg. price slid to CNY22,000-22,200/t in Yunnan/Guizhou/Sichuan, down 1.3%-1.35% WoW due to weak demand and increased supply. The operation rate is still high in Yunnan (63.6%) and Guizhou (54.7%). Downstream buyers pressed for lower prices amid cautious sentiment, as demand is not strong. Besides, hydropower-driven electricity price cuts in Southwest China reduced the production cost (e.g., in […]