Market Wrap 2530
Phosphorus: the market slows down again, avg. price slightly slid to CNY22,396/t. Production rate is steady at 68% level. Demand side becomes cautious purchasing. Factories attempt to hold price, while buy side resists price above CNY22,200/t. Phosphoric acid: average price of 85% H.P. phosphoric acid decline 0.45% WoW to CNY6,700/t. Wet-process P.A. benchmark price is CNY7,167/t. […]