Market Wrap 2532
Phosphorus: P4 price rises 1.98% WoW to CNY22,762/t by Aug.8, with market avg. at CNY22,500-22,700/t in Yunnan/Guizhou/Sichuan. The price support comes from producers’ firm stance in 1H of the week, later some discounts(about CNY50/t) are emerged from traders to realize profit. The buy side is still cautious as downstream demand remains weak. Some glyphosate factories […]