Market Wrap 2529
Phosphorus: Output: Weekly output reaches 20,5kt, up 5.97% WoW, with capacity utilization at 68.4%. The operation rate is generally above 65% in Yunnan, Guizhou, and Sichuan. Price: Average price slightly rose to CNY22,895/t but later down to CNY22,830/t. The 2 week’s high level made buyer side hesitate as the downstream production cost needs control. […]