Market Wrap 2604
Phosphorus: P4 price keeps going up, the benchmark price is CNY23,512/t (+212/t WoW). The supply side has structural contraction, some electric furnaces’ maintenance in Yunnan and Sichuan leads to output reduction, which could not be offset by the production resumption in Guizhou, pulling down the overall operation rate. From the demand side, downstream enterprises made […]