Phosphorus: the market continued its uptrend, with the benchmark price reaching CNY31,162/t (+4.1% WoW) in the southwest. As the U.S. lists phosphorus as a critical national defense material, it caused a renew assessment on global supply chain. In addition, the intl’ market has a strong demand for glyphosate restocking, while the domestic spring farming preparation […]
Phosphorus: P4 market had a strong surge in the past two weeks. The average EXW price rose from CNY26,800/t in late March to now CNY30,129/t (above 12% increase in half a month). From supply side, most plants in Yun’nan suspended for facilites maintenance, tightening supply. While traders were reluctant to sell at low prices, leaving
Phosphorus: the market rebounds sharply in the week, showing a strong V-shaped reversal. The benchmark price surges to CNY26,796/t (+6.8% WoW). Supply side, production bases in southwest China face tight supply due to dry season and environmental protection controls. The overall operation rate is 56.75%, slightly up in Yun’nan while stable in Guizhou & Sichuan.
Phosphorus: P4 market is in weak consolidation after previous surge, with benchmark price down to around CNY25,096/t(-1,600/t WoW). The sharp rise in previous 2 weeks triggered the downstream resistance to high cost raw materials, rigid purchases slow down under high price pressure. And some facilities in Yun’nan resumed production, tight supply situation is eased. While
Phosphorus: the market surged first then eased in the past two weeks (Mar.2–Mar 13). EXW price was above CNY27,000/t and then slid to CNY26,696/t. Supply stayed tight as operation rate in Yunnan, Guizhou and Sichuan remained low on high hydro-electricity power cost and slow resumption in this dry season. Producers controlled shipments and deliveries to
Phosphorus: P4 the market surged after the holidays. P4 supply is tightened due to facilities’ maintenance and slow resumption in Yunnan and Sichuan. While the downstream demand is renewing, it drives P4 price up sharply. EXW price in Yun’nan rose from CNY23,300/t to now above CNY24,000/t, with some even higher offers at CNY24,400/t, marking a
Phosphorus: P4 benchmark price rises marginally to CNY23,846/t(+0.56%). Market offers in Yunnan, Guizhou and Sichuan are between CNY23,350-23,500/t, with actual deals negotiated on a case-by-case basis. On supply side, enterprises maintained stable operation with a daily output of about 2.7kt under the operation rate of 61%, though some electric furnaces in Yunnan and Sichuan are
